KUALA LUMPUR (Sept 19): RHB Retail Research said Lafarge Malaysia Bhd may trend higher after it formed another white candle and breached above the RM6.50 threshold.

In a trading stocks note today, the research house said this close sent the stock to its highest close in more than five months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM6.50 level, with an exit set below the RM6.00 mark.

“To the upside, the immediate resistance level is at RM7.14. This is followed by the RM7.82 level,” it said.