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FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

Rubberex may rebound further, says RHB Retail Research

RUBEREX
RUBEREX
Original Source From TheEdge Publish at Thu, 12 Mar 2020, 08:24AM

KUALA LUMPUR (March 12): RHB Retail Research said Rubberex Corp (M) Bhd may rebound further after it tested the MYR0.79 support in recent sessions.

In a trading stocks note today, the research house said as it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced.

“A positive bias may emerge above the 82 sen level, with an exit set below the 79 sen point.

“Towards the upside, the immediate resistance is at the 90 sen level, followed by the 95 sen threshold,” it said.

Top Participation View More
updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B