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India reports Nipah virus cases; Malaysia's glove stocks surge.
Kevin Tan Kong Jin, an analyst at TA Securities Holdings, stated that concerns over the Nipah virus have driven up the share prices of Malaysian glove manufacturers. Top Glove's shares surged by up to 7.5%, Hartalega Holdings rose 6.2%, Kossan Rubber Industries increased by 4%, and Supermax Corp. climbed 8.2%. According to reports, Indian authorities are taking action to contain the spread of the deadly Nipah virus outbreak after confirming five cases.
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