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Foreign investors are buying Top Glove, Supermax again after selloff

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.
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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.

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