Friday 29 Mar 2024
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KUALA LUMPUR (July 19): RHB Retail Research said UEM Sunrise Bhd may rebound further after it tested 79.5 sen support in its latest session.

In a trading stocks note today, the research house said as the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign.

“A bullish bias may appear above the 79.5 sen level, with an exit set below the 79.5 sen threshold.

“Towards the upside, the near-term resistance is at 85 sen. This is followed by the 89 sen level,” it said.

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