<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 30): Carimin Petroleum Bhd shares rose 1.04% in active trade this morning following a positive technical outlook on the stock.</p></div>

<div class=newsTextDataWrapInner><p>At 9.07am, Carimin rose 1 sen to 97 sen, valuing the company at RM226.86 million.</p></div>

<div class=newsTextDataWrapInner><p>RHB Retail Research said Carimin Petroleum Bhd may rise higher after it breached above the 94 sen threshold.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note today, the research house said this upward momentum is likely to continue, given that it has formed a second consecutive white candle.</p></div>

<div class=newsTextDataWrapInner><p>“A positive bias may emerge above the 94 sen level, with an exit set below the 87 sen threshold.</p></div>

<div class=newsTextDataWrapInner><p>“Towards the upside, the immediate resistance is at the RM1.00 level. This is followed by the RM1.10 threshold,” it said.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, Carimin yesterday had also declared a second interim dividend of 1.6 sen to be paid on Oct 29.</p></div>


KUALA LUMPUR (Aug 30): Carimin Petroleum Bhd shares rose 1.04% in active trade this morning following a positive technical outlook on the stock.

At 9.07am, Carimin rose 1 sen to 97 sen, valuing the company at RM226.86 million.

RHB Retail Research said Carimin Petroleum Bhd may...

Carimin active, up 1.04% on positive technicals, dividend 

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