Bursa Malaysia Stock Watch
SIME - IOI Corp climbs on palm stock upgrades
kltrader
Publish date: Mon, 11 Oct 2010, 10:12 PM
kltrader
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Stock Name: SIME
Company Name: SIME DARBY BHD
Research House: CIMB
IOI Corp led Malaysian palm oil producers higher in Kuala Lumpur trading after CIMB Investment Bank Bhd upgraded their stock ratings.
IOI climbed 1.8 per cent to RM5.60 at 4:23 p.m. local time, set for its steepest gain since Sept 14.
The stock was raised to "neutral" from "underperform" by analyst Ivy Ng. Sime Darby Bhd, which was upgraded to "trading buy" from "neutral," added 1.3 per cent to RM8.70. - Bloomberg
Company Name: SIME DARBY BHD
Research House: CIMB
IOI Corp led Malaysian palm oil producers higher in Kuala Lumpur trading after CIMB Investment Bank Bhd upgraded their stock ratings.
IOI climbed 1.8 per cent to RM5.60 at 4:23 p.m. local time, set for its steepest gain since Sept 14.
The stock was raised to "neutral" from "underperform" by analyst Ivy Ng. Sime Darby Bhd, which was upgraded to "trading buy" from "neutral," added 1.3 per cent to RM8.70. - Bloomberg
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