Malaysian Pacific Industries may rise higher after it breached above the MYR12.50 threshold. This close has sent the stock to its highest close in nearly eight months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR12.50 level, with an exit set below the MYR11.66 threshold. Towards the upside, the near-term resistance is at MYR13.50. This is followed by the MYR14.00 level.

Source: RHB Securities Research - 7 Sept 2018