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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

Tiong Nam Logistics may rebound higher, says RHB Retail Research

TNLOGIS
TNLOGIS
Original Source From TheEdge Publish at Fri, 24 Apr 2020, 08:15AM

KUALA LUMPUR (April 24): RHB Retail Research said Tiong Nam Logistics Bhd may rebound higher after it continued holding above the 35 sen support.

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

“An upbeat bias may emerge above the 37.5 sen level, with an exit set below the 35 sen mark.

“Towards the upside, the immediate resistance is at the 42.5 sen level, followed by the 45 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