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Cosway may consolidate recent gains.
(From Business Times (Malaysia))
Byline: S.N. Lock
YESTERDAY, share prices on Bursa Malaysia extended their consolidations, contrary to the performance of the Kuala Lumpur Composite Index (KLCI).
Its overall declining counters out-numbered its advancing counters by 363 to 295.
The Kuala Lumpur Composite Index (KLCI) staged a successful re-test of its downside support of 960 when it hit its intra-day low of 960.86. The KLCI closed at 965.66 points yesterday, giving a day-on-day gain of 0.22 point, or 0.02 per cent.
Cosway Corp Bhd staged a follow-through rebound yesterday. Its daily price trend rebounded to close at RM1.11, giving …
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