Overseas funds are loving Malaysia’s glove stocks

Top Glove Corp Bhd and Supermax Corp Bhd are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of RM1.4 bil (US$340mil), according to CGS-CIMB Research.

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

Top Glove Corp Bhd and Supermax Corp Bhd are among the top three stocks on the buy list of foreigners this year through April 2, attracting net inflows of RM1.4 bil (US$340mil), according to CGS-CIMB Research.