Bursa Malaysia Stock Watch

Press Metal rises on Sumitomo news

kltrader
Publish date: Wed, 29 Sep 2010, 10:29 AM
kltrader
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Press Metal Bhd, a Malaysia aluminum products maker, rose the most in a week in Kuala Lumpur trading after saying Japan's Sumitomo Corp will invest in its subsidiary which is building a smelter in Sarawak state.

Its shares gained 4.1 per cent to RM1.52 at 9:05 a.m. local time, set for their biggest increase since Sept. 20. -- Bloomberg
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