Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Friday, May 6, 2011

First tender for MRT to kick off next month

KUALA LUMPUR: The first tender of the Klang Valley mass rapid transit (MRT) project, which is for the elevated guideway package, will open next month and the contract is expected to be awarded in November this year.

Syarikat Prasarana Negara Bhd (Prasarana) group director of project development Zulkifli Yusoff said works on the first package of elevated track, which is between Maluri and Plaza Phoenix, will start by November or early December.

He said from then on, tenders will be called every month until end of next year. The underground track tender will be called sometime in December.

Read more: First tender for MRT to kick off next month

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