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Fair value for FBMKLCI cut to 1,650 Posted: 16 Jun 2011 06:15 PM PDT AmResearch Sdn Bhd cut its end-2011 fair value for Malaysia's benchmark stock index to 1,650 from 1,700 to reflect a slowdown in earnings momentum, according to a report in Kuala Lumpur today. "Early warning signs of an economic slowdown has resurfaced," AmResearch said. The research house cut its gross domestic product forecast to 5 per cent from 5.5 per cent for 2011, it said. -- Bloomberg Full Feed Generated by Get Full RSS, sponsored by USA Best Price.

MAS upgraded at RHB, stock climbs Posted: 16 Jun 2011 06:23 PM PDT Malaysian Airline System Bhd, the national carrier, rose the most in two weeks in Kuala Lumpur trading after the stock was upgraded to "market perform" at RHB Research Institute Sdn. Its shares climbed 1.4 per cent to RM1.41 at 9:15 a.m. local time, set for their biggest increase since June 1. -- Bloomberg Full Feed Generated by Get Full RSS, sponsored by USA Best Price.

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