<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 2): AlllianceDBS Research said AirAsia Bhd (AirAsia) had on April 30 traded higher to RM4.05 before closing near the day’s low at RM3.85 (down 12 sen or 3.02%).</p></div>

<div class=newsTextDataWrapInner><p>In its evening edition Monday, the research house said AirAsia continued to trade above the 20-day (blue) and 50-day (red) moving average lines in the last 2 days.</p></div>

<div class=newsTextDataWrapInner><p>“Following the down close on April 30, the stock is likely to move lower with immediate support at RM3.80.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“A fall below RM3.80 should see further price decline to the subsequent support zone, RM3.66 – RM3.74.</p></div>

<div class=newsTextDataWrapInner><p>“The hurdle is pegged at RM4.06. A rise above RM4.06 would lift the stock to the next resistance at RM4.18,” it said.</p></div>

<div class=newsTextDataWrapInner><p>AllianceDBS Research said stock volume traded on April 30 was 8.96 million shares compared to the 3-month average volume of 9.39 million shares.</p></div>

KUALA LUMPUR (May 2): AlllianceDBS Research said AirAsia Bhd (AirAsia) had on April 30 traded higher to RM4.05 before closing near the day’s low at RM3.85 (down 12 sen or 3.02%).

In its evening edition Monday, the research house said AirAsia continued to trade above the 20-day (blue) an...

Immediate hurdle for AirAsia at RM4.06, says AllianceDBS Research 

Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.

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All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

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The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

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Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

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China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

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Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

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The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

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<p>The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.</p>


<p>From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.</p>

<p>Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.</p>


<p>Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.</p>

<p>In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.</p>


<p>Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.</p>

<p>Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.</p>


<p>A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.</p>


<p>Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.</p>


<p>Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.</p>


<p>China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.</p>


<p>All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.</p>


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<p>Singapore will resume flying its F-16 fleet after suspending training when one of the jets crashed earlier this month, the defence ministry on Saturday.</p>


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<p>The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.</p>
