Bursa Malaysia Stock Watch

AXIATA - Axiata up as Macquarie raises share forecast

kltrader
Publish date: Wed, 06 Oct 2010, 06:40 PM
kltrader
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Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: MACQUARIE GROUP



Axiata Group Bhd, owner of Malaysia's second-biggest mobile-phone operator, rose to a one-week high in Kuala Lumpur trading after Macquarie Group Ltd raised its share price forecast to RM5.72.

The stock gained 1.6 per cent to RM4.50 at 9.15 am local time, set for its highest close since September 27. - Bloomberg




 
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