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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

KESM Industries may climb higher, says RHB Retail Research

KESM
KESM
Original Source From TheEdge Publish at Thu, 23 Jan 2020, 08:02AM

KUALA LUMPUR (Jan 23): RHB Retail Research said KESM Industries Bhd may climb higher after it recovered above the RM11 mark.

In a trading stocks note today, the research house said yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“A positive bias may emerge above the RM11 level, with an exit set below the RM10.30 threshold.

“Towards the upside, the immediate resistance is at RM13. This is followed by the RM14 level,” 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