Home News Company in the news

Foreign investors are buying Top Glove, Supermax again after selloff

Bloomberg
Bloomberg4/7/2021 04:15 PM GMT+08  • 2 min read
Foreign investors are buying Top Glove, Supermax again after selloff
Top Glove and Supermax have attracted net inflows of RM1.4 bil so far this year.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Foreign investors are using the selloff in Malaysian glove makers to return to last year’s stock market stars.

Top Glove Corp and Supermax Corp are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of RM1.4 billion ($0.45 billion), according to CGS-CIMB Research. Global funds bought a net RM189.9 million of Press Metal Aluminium Holdings, the brokerage said in a report.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now