Top Glove sees RM22.25m net inflow as share price rallies

An employee monitors latex gloves on hand-shaped molds moving along an automated production line at a Top Glove Corp. factory in Setia Alam, Selangor, Malaysia. - Bloomberg

KUALA LUMPUR: Top Glove Corporation Bhd’s share price rally in the week ended July 24 was underpinned by net money inflow of RM22.25mil, according to MIDF Research.

The world’s largest glove maker’s share price ended 10.7% higher last week, outperforming the FBM KLCI which fell 0.4%, according to MIDF Research.