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

Sarawak Oil Palms may rebound further, says RHB Retail Research

Original Source From TheEdge Publish at Fri, 27 Mar 2020, 08:19AM

KUALA LUMPUR (March 27): RHB Retail Research said Sarawak Oil Palms Bhd may rebound further after it tested RM1.90 support lately.

In a trading stocks note today, the research house said yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment.

“An upbeat bias may emerge above the RM2.20 level, with an exit set below the RM1.90 mark.

“Towards the upside, the immediate resistance is at the RM2.70 level, followed by the RM3.10 threshold,” it said.

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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