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Consolidation likely.
Byline: S.N. Lock
SHARE prices on Bursa Malaysia resumed its prior consolidations yesterday.
Its overall declining counters overwhelmed its advancing counters by 493 to 244.
The Kuala Lumpur Composite Index (KLCI) fell from its intra-day high of 1,465.47 to its intra-day low of 1,457.80 yesterday. It closed at 1,459.64 points, giving a day-on-day loss of 5.07 points, or 0.35 per cent.
Tan Chong Motor Holdings Bhd staged a technical pullback yesterday. Its daily price trend closed lower at RM5.71, posting a day-on-day loss of 24 sen, or 4.03 per cent.
Chartwise, Tan Chong's daily price trend rose from its low of RM4.65 on August 30 2010 …
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Magazine article from: Business Times (Malaysia)
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