Leong Hup International Bhd's rebound picked up steam on Monday as it rose past the 50-day simple moving average (SMA) in intra-session trade, the first time it has happened since the data became available.
The counter, which was re-listed on the Main Board of Bursa Malaysia on May 16 this year, experienced a sharp downturn in share price shortly after its debut although the prospects of a recovery are growing.
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