Bursa Malaysia Stock Watch
Ann Joo, CSC Steel upgraded at RHB
kltrader
Publish date: Fri, 23 Jul 2010, 11:20 AM
kltrader
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ANN Joo Resources Bhd and CSC Steel Holdings Bhd, two Malaysian steelmakers, were upgraded at RHB Research Institute Sdn Bhd on prospects of a rebound in steel product prices in the fourth quarter.
Ann Joo was raised to 'market perform' from 'underperform' while CSC was upgraded to 'outperform' from 'market perform,' RHB said in a report today. Share price estimates on Hiap Teck Venture Bhd, Kinsteel Bhd, Perwaja Holdings Bhd. and Sino Hua-An International Bhd were also increased, it said. - Bloomberg
Ann Joo was raised to 'market perform' from 'underperform' while CSC was upgraded to 'outperform' from 'market perform,' RHB said in a report today. Share price estimates on Hiap Teck Venture Bhd, Kinsteel Bhd, Perwaja Holdings Bhd. and Sino Hua-An International Bhd were also increased, it said. - Bloomberg
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