Genting Malaysia rises 3.3% to highest level in 21 weeks

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KUALA LUMPUR (July 23): Genting Malaysia Bhd's share price rose as much as 11 sen or 3.3% to RM3.47, more than any full-day gain since April 19, as Malaysia's benchmark index advanced, Bloomberg reported today.

Bloomberg said Genting Malaysia's trading volume was more than double the 20-day average.

"Shares advanced to RM3.47, higher than any close since Feb 28, from RM3.36 in the previous session.

"The relative strength index on the stock was above 70, indicating it may be overbought," it reported.