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KUALA LUMPUR: Tenaga Nasional and Public Bank led the rebound of the FBM KLCI early Wednesday but whether the 30-stock index can hold on to its gains remains to be seen due to recent selling by foreign funds towards the end of the day.
KUALA LUMPUR: Furniture maker Sern Kou Resources Bhd saw 32.05 million of its shares traded off market in the afternoon on Monday.
KUALA LUMPUR: The rally on Bursa Malaysia on Thursday, driven by foreign buying, came to a halt in early Friday ahead of the Budget 2021 proposals to be unveiled at 4pm.
Low-key timber group expects to maintain earnings
KUALA LUMPUR: JF Apex Research expects Rohas Tecnic Bhd, Ranhill Holdings Bhd and Paramount Corp Bhd to be among the stocks to watch on Friday.
KUALA LUMPUR: JF Apex Research expects Vizione Holdings Bhd, D’nonce Technology Bhd, Adventa Bhd, Fajarbaru Builder Group Bhd and Green Packet (GPacket) Bhd to be among the stocks to watch on Thursday.
HOMERITZ Corp shares bounced off Tuesday’s four-month low of 96 sen to close up 3.5 sen to RM1.01 amid bargain hunting activity. In spite of that, a tentative breakdown from the important 200-day simple moving average (SMA) was sighted on the chart, suggesting that the recent massive rally may be over. A crack of the immediate support of 93 sen will further confirm that this stock is on the downward correction mode and if that happens, look for 80 sen-81 sen as the next floor. Current resistance is expected at the 100-day SMA of RM1.08, followed by the all-time high of RM1.23.