Monday, August 10, 2009

DJ MARKET TALK: Adventa +7.5% On Improved Earnings Outlook

0226 GMT [Dow Jones] Surgical glover maker Adventa (7191.KU) +7.5% at MYR1.86 in active trade, may re-test intraday and record high of MYR1.90 later, on improved earnings outlook, says dealer with local brokerage. "The stock is a laggard in the glove industry and with its forward price-to-earnings below 10 times, investors are showing keen interest," says dealer; thinks earnings sustainable given current robust demand for gloves following the outbreak of H1N1 flu. (ECH)



(END) Dow Jones Newswires

August 09, 2009 22:26 ET (02:26 GMT)

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