<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 15): RHB Retail Research said Avaland Bhd (KL:AVALAND) is set to propel upwards further after undergoing a technical breakout above the 36.5 sen resistance level on Tuesday, on a surge in trading volume.</p></div>

<div class=newsTextDataWrapInner><p>In a note on Wednesday, the research house said that as it is riding above the 21-day simple moving average (SMA) line, expect the stock to trend higher towards the five-year high of 41 sen, followed by the 52.5 sen next resistance level.</p></div>

<div class=newsTextDataWrapInner><p>“On the flip side, falling below the 33 sen support would negate the bullish setup, as it would then be trading below the SMA line,” it said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>


RHB Retail Research said Avaland Bhd (KL:AVALAND) is set to propel upwards further after undergoing a technical breakout above the 36.5 sen resistance level on Tuesday, on a surge in trading volume.

Avaland set to propel upwards further, says RHB Retail Research 

South Africa’s governing African National Congress is set to cede its parliamentary majority for the first time after voters dealt a historic rebuke to the party Nelson Mandela led to power at the end of apartheid.

South Africa’s ANC sees power crumble with 99% of votes in

Bitcoin blockchain’s reputation as a network that mainly supports digital gold may be changing as efforts gain traction to add new features via a software upgrade to its code.

Bitcoin debate heats up over software revamp to add new features

Thailand has announced new measures to facilitate tourism, allowing Malaysian tourists to enter without a visa or obtain a visa on arrival, with a stay of up to 60 days.

Thailand allows 60-day visa-free entry for Malaysian travellers

Istanbul’s annual retail inflation accelerated to the highest level since December 2022, as price increases in Türkiye are expected to decline in the second half of the year after reaching a peak in May.

Istanbul city retail inflation hits highest since December 2022

Jakel Group is partnering with PiDC Holding Bhd to build a 51MW data centre in Cyberjaya worth RM1.2 billion.

In a statement on Saturday, Jakel said it is taking up a 40% stake in the project, Pi Data Centre Sdn Bhd, while the remaining 60% is held by PiDC.

Jakel invests in data centre project worth RM1.2 bil

Indians voted in searing summer heat on Saturday in the final phase of the world's biggest election, as Prime Minister Narendra Modi seeks a rare third term in a poll focussed on inequality and religion.

India votes in last phase of massive, six-week elections

S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management as his government struggles to get a grip on public finances in the wake of the Covid pandemic and energy crisis.

Macron gets debt reprimand as S&P hits France with downgrade

Youth and Sports Minister Hannah Yeoh has welcomed the Malaysian Anti-Corruption Commission (MACC) probe into the Selangor demand responsive transit (DRT) proof of concept.

Hannah Yeoh welcomes MACC probe into Selangor demand responsive transit project

The Works Ministry will request an allocation of around RM1 billion to maintain and upgrade the 'redline' alignment along the Sarawak Pan Borneo Highway (LPB) project, said its Minister Datuk Seri Alexander Nanta Linggi.

Sarawak Pan Borneo Highway: Works Ministry seeks RM1b allocation to upgrade redline alignment

Japanese billionaire Yusaku Maezawa cancelled his "dearMoon" mission, which the project said was to have been the first private flight around the moon, the mission announced on Saturday.

Japanese billionaire Maezawa cancels moon flyby mission

<p>Jakel Group is partnering with PiDC Holding Bhd to build a 51MW data centre in Cyberjaya worth RM1.2 billion.</p>

<p>In a statement on Saturday, Jakel said it is taking up a 40% stake in the project, Pi Data Centre Sdn Bhd, while the remaining 60% is held by PiDC.</p>


<p>S&amp;P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management as his government struggles to get a grip on public finances in the wake of the Covid pandemic and energy crisis.</p>


<p>Thailand has announced new measures to facilitate tourism, allowing Malaysian tourists to enter without a visa or obtain a visa on arrival, with a stay of up to 60 days.</p>


<p>Youth and Sports Minister Hannah Yeoh has welcomed the Malaysian Anti-Corruption Commission (MACC) probe into the Selangor demand responsive transit (DRT) proof of concept.</p>


<p>The Works Ministry will request an allocation of around RM1 billion to maintain and upgrade the 'redline' alignment along the Sarawak Pan Borneo Highway (LPB) project, said its Minister Datuk Seri Alexander Nanta Linggi.</p>


<p>Bitcoin blockchain’s reputation as a network that mainly supports digital gold may be changing as efforts gain traction to add new features via a software upgrade to its code.</p>


<p>China's first food security law aimed at achieving "absolute self-sufficiency" in staple grains came into effect on Saturday, reinforcing efforts by the world's biggest agriculture importer to lower its reliance on overseas purchases.</p>


China food security law comes into force, aims for absolute self-sufficiency

<p>Japanese billionaire Yusaku Maezawa cancelled his "dearMoon" mission, which the project said was to have been the first private flight around the moon, the mission announced on Saturday.</p>


<p>South Korea’s export growth continued last month, led by demand for semiconductors, boosting the country’s trade balance to the biggest surplus since 2020 and supporting optimism among policymakers for better-than-expected economic expansion this year.</p>


South Korea’s chip exports lead trade gains fuelling economy

<p>Microsoft is close to reaching a multimillion-euro deal with an Amazon-backed cloud lobby to get it to drop an antitrust complaint with the European Commission, <em>Politico </em>reported on Saturday.</p>


Microsoft to pay off cloud industry group to end EU antitrust complaint, Politico reports

<p>South Africa’s governing African National Congress is set to cede its parliamentary majority for the first time after voters dealt a historic rebuke to the party Nelson Mandela led to power at the end of apartheid.</p>


<p>Istanbul’s annual retail inflation accelerated to the highest level since December 2022, as price increases in Türkiye are expected to decline in the second half of the year after reaching a peak in May.</p>
