External broker reports(aggregated public sources), RHB Invest

RHB Invest

External broker reports(aggregated public sources)

RHB Investment Bank is one of the leading capital market players in Malaysia. Supported by an award-winning research team of experienced product specialists, RHB Group Investment Banking offers a full range of investment banking products and services covering primary markets, such as advisory (corporate & debt restructuring, mergers and acquisitions, takeovers), fundraising via both equity and debt instruments, and secondary markets including securities trading for both institutional and retail clients. 

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Technical Analysis

<ul><li>Hibiscus Petroleum is looking to resume upside movement after climbing above the 21-day SMA line.</li><li>Yesterday’s positive price action reinforces the bullish undertone, with the stock positioning itself to test the MYR1.60 resistance.</li><li>Amidst rising trading volume, a bullish breakout above this level would strengthen the bullish structure and open the door for a move towards MYR1.70, followed by the higher resistance at MYR1.85. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Hibiscus Petroleum is looking to resume upside movement after climbing above the 21-day SMA line.Yesterday’s positive price action reinforces the bullish undertone, with the stock positioning itself to test the MYR1.60 resistance.Amidst rising trading volume, a bullish breakout above this level would strengthen the bullish structure and open the door for a move towards MYR1.70, followed by the higher resistance at MYR1.85. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Retail Research - Trading Stocks : 13 June 2025

Malaysia

MNRB Holdings Bhd underwrites all classes of general reinsurance business. The main types of general reinsurance business are proportional and non-proportional treaty reinsurance, and facultative reinsurance.

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