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MAS' price trend stages brief breakout of overhead resistance.

Asia Africa Intelligence Wire

| December 17, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Times (Malaysia))

SHARE price on the Kuala Lumpur Stock Exchange (KLSE) consolidated further yesterday. The KLSE's three heavyweight index-linked counters (Maybank, Telekom and Tenaga) led the consolidation in the morning and early afternoon trades. Viewing it from the gainers' list, Malaysian Airline System Bhd (MAS) emerged as one of the top ten gainers yesterday. Its price trend posted a day-on-day gain of 8 sen, or 2.58 per cent, to close at RM3.18 yesterday. Chartwise, MAS' daily price trend fell from its high of RM3.20 on November 14 to its …

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