Eye On Stock: Suria Capital Holdings

THERE seems to be some life returning to Suria Capital Holdings Bhd (code:6521) amid the negative pressure on the equities market, although the advance currently lacks conviction.

On Friday, the stock extended its gains over the previous session to hit its highest level in five weeks. At its current trading level, the stock is grazing past the 23.6% Fibonacci retracement mark as it makes a slow recovery following the share price meltdown in March.