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Article: Gefung likely to remain firm
- Article from:
- New Straits Times
- Article date:
- September 15, 2009
- Author:
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S.N. Lock
New Straits Times
09-15-2009
Gefung likely to remain firm
Byline: S.N. Lock
Edition: Main/Lifestyle
Section: Business Times
Column: Chart point
Type: Market
SHARE prices on Bursa Malaysia paused for breath in tandem with the weak performances on the regional stock markets yesterday. Overall declining counters outpaced advancing counters by 511 to 149.
The benchmark FTSE Bursa Malaysia Composite Index fell from its intra-day high of 1,212.70 to close at its intra-day low of 1,203.36 yesterday, giving a day-on-day loss of 4.92 points, or 0.41 per cent.
Gefung Holdings Bhd staged a technical rebound yesterday.
Its daily price trend closed at 53 sen, giving a day-on-day gain of 2.5 sen, ...