<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 22): AllianceDBS Research said Nova MSC Bhd (NovaMSC) had on Nov 21 traded higher to 11 sen before closing at 10.5 sen (up 0.5 sen or 5.0%).</p></div>

<div class=newsTextDataWrapInner><p>In its evening edition yesterday, the research house said NovaMsc continued to trade above the 20-day (blue) and 50-day (red) moving average lines.</p></div>

<div class=newsTextDataWrapInner><p>“Given the recent share price behaviour, the stock is likely to move between 9.5 sen and 12 sen in the coming few days.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“A fall below 9.5 sen should see further price decline to the subsequent support zone, 8.5 sen – 9 sen.</p></div>

<div class=newsTextDataWrapInner><p>“However, a rise above 12 sen would lift the stock to the next resistance zone, 12.5 sen – 14 sen,” it said.</p></div>

<div class=newsTextDataWrapInner><p>AllianceDBS Research said stock volume traded on Nov 21 was 12.6 million shares compared to the 3-month average volume of 4.85 million shares.</p></div>

<div class=newsTextDataWrapInner><p>The research house said that indicators wise, the MACD was below the 9-day moving average line with the sell signal remains intact.</p></div>

<div class=newsTextDataWrapInner><p>It said the relative strength index indicated that the stock was currently in a neutral zone.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (Nov 22): AllianceDBS Research said Nova MSC Bhd (NovaMSC) had on Nov 21 traded higher to 11 sen before closing at 10.5 sen (up 0.5 sen or 5.0%).

In its evening edition yesterday, the research house said NovaMsc continued to trade above the 20-day (blue) and 50-day (red) mo...

Immediate hurdle for NovaMSC at 12 sen, says AllianceDBS Research 

The Ministry of Natural Resources and Environmental Sustainability will consider proposals regarding the need to enact laws related to carbon emissions in the second phase of the Environmental Quality (Amendment) Bill.

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Engineering support services provider Coraza Integrated Technology Bhd (KL:CORAZA) remained in the red for the third consecutive quarter, posting a net loss of RM1.32 million for the first quarter ended March 31, 2024.

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Home Minister Datuk Seri Saifuddin Nasution Ismail said the move would expedite the immigration clearance process without compromising security measures, and address congestion at the country's entry points.

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<p>theedgemalaysia.com&nbsp;<wbr />highlighted three stocks with positive momentum and 12 stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday. &nbsp;</p>


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<p>Norway’s US$1.7 trillion (RM7.96 trillion) sovereign wealth fund has decided to exclude Adani Ports &amp; Special Economic Zone Ltd&nbsp;from its portfolio, citing 'unacceptable'&nbsp;risks that the company is tied to human rights violations in war and conflict zones.</p>
