KUALA LUMPUR: Thong Guan Industries Bhd, which has been on an uptrend, rose to its highest in nine months in early trade Thursday.
The plastic packaging manufacturer added 2.51%, or seven sen to RM2.86, its highest since Dec 2, 2020. Year-to-date, the counter has appreciated 14.4%.RHB Retail Research said Thong Guan Industries is poised to move away from the 3- month consolidation zone, as it is testing the immediate resistance point of RM2.82 on strong trading volume.
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