KUALA LUMPUR: Nylex (M) Bhd
’s rose over 5% in early trade Wednesday following a technical buy call from PublicInvest Research.
The petrochemical manufacturing company added 5.69%, or 3.5 sen to 65 sen with over one million shares traded.
PublicInvest said Nylex is recovering from its consolidation phase.
It said the corresponding RSI and MACD indicators remained healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term.
...