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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

Kossan may rise higher, says RHB Retail Research

KOSSAN
KOSSAN
Original Source From TheEdge Publish at Wed, 26 Feb 2020, 08:41AM

KUALA LUMPUR (Feb 26): RHB Retail Research said Kossan Rubber Industries Bhd may rise higher after it breached above the RM4.70 threshold.

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.

“A positive bias may emerge above the RM4.70 level, with an exit set below the RM4.54 mark.

“Towards the upside, the immediate resistance is at the RM5.00 level, followed by the RM5.18 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