ERJ Rubber Processor Shares

London – Shares of most major rubber goods companies performed healthily over the recent weeks, reflecting strong market sentiment following the ease of Covid-19 lockdowns globally.

Glove stocks continued to rally on the Kuala Lumpur Stock Exchange, with Top Glove posting a 13% gain over the four weeks to 3 June. 

Swedish companies Hexpol and Trelleborg saw their shares decline on the Stockholm Stock Exchange, while Avon Rubber posted a 5.7% increase in stock value.

Avon Rubber plc (LSE)                           £3.150 (5 June) to £3.330 (3 July) – up 5.7%
Daetwyler Holding AG (SWX)                 CHF183.80 to CHF185.00 – up 0.6%
Trelleborg AB (STO)                                SEK141.60 to SEK138.70 – down 2% 
Hexpol AB (STO)                                      SEK79.90 to SEK69.00 –  down 13.6% 
Semperit AG (VSE)                                   €11.94 to €12.54 –  up 5%
Gates Corp. (NYSE)                                 $11.37 to $9.98* – down 12.2%
Top Glove (KLSE)                                     MYR16.38 to MYR18.46 – up 12.7% 
Kossan Rubber (KLSE)                            MYR8.98 to MYR9.33 – up 3.9%
Supermax Corp. (KLSE)                           MYR8.88 to MYR9.41 – up 6%

*New York Stock Exchange was closed 3 July to mark Independence Day. Figures reflect prices at the end of business on 6 July.