Article: Likely to trend higher

S.N. Lock
New Straits Times
04-15-2009
Likely to trend higher
Byline: S.N. Lock
Edition: Main/Lifestyle
Section: Business Times
Column: Chart point
Type: Market

SHARE prices on Bursa Malaysia resumed their technical rebound yesterday. Advancing counters overwhelmed declining ones by 469 to 156.

The Kuala Lumpur Composite Index (KLCI) rebounded from its intra- day low of 942.85 to close at its intra-day high of 953.71, giving a day-on-day gain of 12.30 points, or 1.31 per cent.
WTK Holdings Bhd staged a technical rebound with its daily price trend closing at 89 sen, posting a day-on-day gain of 7.5 sen, or 9.20 per cent.

Chartwise, WTK's daily price trend fell from its high of 86 sen on ...

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