Karex


 

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KAREX Bhd saw a surge in share price and trading volume on Wednesday, suggesting that a strong buying catalyst had come into play.

The counter had hit an all-time low of 37.5 sen in Feb 4 this year, following which it seemed to recover some postive momentum.

However, the notable increased in buying momentum on Wednesday suggests there is a possibility that the stock is due for a stronger retracement.

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