Friday 29 Mar 2024
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KUALA LUMPUR (July 25):RHB Retail Research said Genting Malaysia Bhd may trend higher after it breached above the RM3.50 threshold.

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

“A bullish bias may appear above the RM3.50 level, with an exit set below the RM3.26 threshold.

“Towards the upside, the near-term resistance is at RM4.00. This is followed by the RM4.13 level,” it said.

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