DAIBOCHI Plastic and Packaging Industry Bhd (Daibochi) went through a period of correction, lasting slightly more than two weeks, which witnessed its share price pulling back from the recent peak of RM3.55 on Aug 3, the best level since April 13 to a low of RM3.33 on Aug 22.
Renewed bargain hunting emerged from the sidelines, lifting shares to a high of RM3.53 on Thursday before pausing owing to an apparent light profit-taking activity.
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