Bursa Malaysia Stock Watch
AXIATA - Axiata climbs to 5-week high
kltrader
Publish date: Thu, 25 Nov 2010, 11:07 AM
kltrader
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Stock Name: AXIATA
Company Name: AXIATA GROUP BERHAD
Research House: CREDIT SUISSE
Axiata Group Bhd, a Malaysian mobile phone operator, rose to a five-week high in Kuala Lumpur trading after OSK Research Sdn Bhd and Credit Suisse Group AG raised their share forecasts.
The stock gained 1.6 per cent to RM4.56 at 9:10 a.m. local time, set for its highest close since October 14.
Axiata yesterday reported a 27 per cent rise in third-quarter net income. OSK and Credit Suisse both raised their share estimates to RM5.80, according to separate reports by the research houses today. -- Bloomberg
Company Name: AXIATA GROUP BERHAD
Research House: CREDIT SUISSE
Axiata Group Bhd, a Malaysian mobile phone operator, rose to a five-week high in Kuala Lumpur trading after OSK Research Sdn Bhd and Credit Suisse Group AG raised their share forecasts.
The stock gained 1.6 per cent to RM4.56 at 9:10 a.m. local time, set for its highest close since October 14.
Axiata yesterday reported a 27 per cent rise in third-quarter net income. OSK and Credit Suisse both raised their share estimates to RM5.80, according to separate reports by the research houses today. -- Bloomberg
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