<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 11): AllianceDBS Research said Kronologi Asia Bhd (Krono) had on Oct 10 traded higher to RM1.03 before closing near the day’s high at RM1.02 (up 5 sen or 5.15%).</p></div>

<div class=newsTextDataWrapInner><p>In its evening edition yesterday, the research house said Krono continued to stay above the 20-day (blue) and 50-day (red) moving average lines in the last 5 days.</p></div>

<div class=newsTextDataWrapInner><p>“Following the up close on Oct 10, the stock is likely to move higher again with immediate hurdle at RM1.07.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“A crossover of RM1.07 should see further price rise to the next overhead resistance at RM1.13.</p></div>

<div class=newsTextDataWrapInner><p>“The support is pegged at 92.5 sen. A fall below 92.5 sen would put pressure on the stock down to the subsequent support at 89 sen,” it said.</p></div>

<div class=newsTextDataWrapInner><p>AllianceDBS Research said stock volume traded on Oct 10 was 13.6 million shares compared to the 3-month average volume of 12.4 million shares.</p></div>

<div class=newsTextDataWrapInner><p>The research house said that indicators wise, the MACD was marginally above the 9-day moving average line with a buy signal just being emitted.</p></div>

<div class=newsTextDataWrapInner><p>It said the relative strength index indicated that the stock was currently in a neutral zone.</p></div>


KUALA LUMPUR (Oct 11): AllianceDBS Research said Kronologi Asia Bhd (Krono) had on Oct 10 traded higher to RM1.03 before closing near the day’s high at RM1.02 (up 5 sen or 5.15%).

In its evening edition yesterday, the research house said Krono continued to stay above the 20-day (blue) a...

Kronologi Asia consolidating, says AllianceDBS Research

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<p>Indonesia cut exports of natural gas to Singapore on Saturday to prioritise domestic demand, an official said, with the two countries at loggerheads over&nbsp;regional air pollution emanating from wildfires on the vast archipelago.</p>


<p>Barisan Nasional (BN) will stick to its agreement to allocate seven seats it is not contesting to Perikatan Nasional (PN) for the Melaka state election, despite attempts to secure additional seats.</p>


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<p>The Bukit Aman Narcotics Criminal Investigation Department (NCID) will collaborate with the Indonesian National Police (POLRI) to investigate possible links&nbsp;between Malaysian-based syndicates and the seizure of 1.16 tonnes of ketamine from a tanker off Tanjung Balai Asahan, Indonesia, on Oct 20.</p>
