Top Glove Likely to Face Currency Headwinds -- Market Talk

Dow Jones02-13

0235 GMT - Top Glove could face near-term earnings pressure from a stronger ringgit against the U.S. dollar, though this may be partly offset by improving sales volumes, CGS International analysts William Wo Chen Weng and Prem Jearajasingam say in a note. The glove maker's faster recovery compared with Malaysian peers is expected to drive an earnings rebound and boost share prices, they add. CGS raises Top Glove's rating to add from hold, citing recent share-price weakness and improving operational efficiency that offer room for upside. CGS however lowers its target price to MYR0.67 from MYR0.71. Shares are 0.85% higher at MYR0.59.(yingxian.wong@wsj.com)

(END) Dow Jones Newswires

February 12, 2026 21:35 ET (02:35 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2611188710?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-13 10:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2611188710","market":"nz","top_or_hot":-1,"title":"Top Glove Likely to Face Currency Headwinds -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0235 GMT - <a href=\"https://laohu8.com/S/TGLVY\">Top Glove</a> could face near-term earnings pressure from a stronger ringgit against the U.S. dollar, though this may be partly offset by improving sales volumes, CGS International analysts William Wo Chen Weng and Prem Jearajasingam say in a note. The glove maker's faster recovery compared with Malaysian peers is expected to drive an earnings rebound and boost share prices, they add. CGS raises <a href=\"https://laohu8.com/S/TPGVF\">Top Glove</a>'s rating to add from hold, citing recent share-price weakness and improving operational efficiency that offer room for upside. CGS however lowers its target price to MYR0.67 from MYR0.71. Shares are 0.85% higher at MYR0.59.(yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2026 21:35 ET (02:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Glove Likely to Face Currency Headwinds -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Glove Likely to Face Currency Headwinds -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 10:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0235 GMT - <a href=\"https://laohu8.com/S/TGLVY\">Top Glove</a> could face near-term earnings pressure from a stronger ringgit against the U.S. dollar, though this may be partly offset by improving sales volumes, CGS International analysts William Wo Chen Weng and Prem Jearajasingam say in a note. The glove maker's faster recovery compared with Malaysian peers is expected to drive an earnings rebound and boost share prices, they add. CGS raises <a href=\"https://laohu8.com/S/TPGVF\">Top Glove</a>'s rating to add from hold, citing recent share-price weakness and improving operational efficiency that offer room for upside. CGS however lowers its target price to MYR0.67 from MYR0.71. Shares are 0.85% higher at MYR0.59.(yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2026 21:35 ET (02:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6511","symbol_name":"医疗保健服务概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2611188710","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611188710","pubTimestamp":1770950100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0235 GMT - Top Glove could face near-term earnings pressure from a stronger ringgit against the U.S. dollar, though this may be partly offset by improving sales volumes, CGS International analysts William Wo Chen Weng and Prem Jearajasingam say in a note. The glove maker's faster recovery compared with Malaysian peers is expected to drive an earnings rebound and boost share prices, they add. CGS raises Top Glove's rating to add from hold, citing recent share-price weakness and improving operational efficiency that offer room for upside. CGS however lowers its target price to MYR0.67 from MYR0.71. Shares are 0.85% higher at MYR0.59.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6511":"医疗保健服务概念","BK6103":"医疗保健用品","BVA.SI":"顶级手套有限公司"},"translate_title":"顶级手套可能面临货币阻力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BVA.SI":1.5},"content_text":"0235 GMT - Top Glove could face near-term earnings pressure from a stronger ringgit against the U.S. dollar, though this may be partly offset by improving sales volumes, CGS International analysts William Wo Chen Weng and Prem Jearajasingam say in a note. The glove maker's faster recovery compared with Malaysian peers is expected to drive an earnings rebound and boost share prices, they add. CGS raises Top Glove's rating to add from hold, citing recent share-price weakness and improving operational efficiency that offer room for upside. CGS however lowers its target price to MYR0.67 from MYR0.71. Shares are 0.85% higher at MYR0.59.(yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2026 21:35 ET (02:35 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2611188710","isCrawlerRequest":true}