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Bernas price trend may consolidate.
(From Business Times (Malaysia))
Byline: S.N. Lock
KEY heavyweight index-linked counters extended their losses yesterday, causing market breadth to remain weak for another trading day.
The benchmark KLCI fell from its intra-day high of 1,083.54 to its intra-day low of 1,068.51, closing at 1,075.47 points yesterday, giving a day-on-day loss of 4.13 points, or 0.38 per cent.
Padiberas Nasional Bhd (Bernas) staged a technical rebound after a short consolidation yesterday. Its daily price trend rose to close at RM2.01, giving a day-on-day gain of 6 sen, or 3.08 per cent.
Chartwise, Bernas' daily price trend rebounded from its low of …
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