DRB-Hicom Bhd
(Code 1619) dropped to a low of 94 sen during intra-day session on March 9, the worst level since June 23, 2009 amid persistent liquidation pressure.
Thereafter, in the wake of renewed bargain hunting interest, prices staged a rebound to a high of RM1.18 level on March 21, but the eight-day rally could not attract follow-through buying interest and hence, the positive momentum fizzled out.
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