NST Online Business Times : latest
NST Online Business Times : latest |
| Alliance is HwangDBS top bank stock pick Posted: 17 Jul 2011 07:01 PM PDT Alliance Financial Group Bhd rose after HwangDBS Vickers Research Sdn Bhd said the Malaysian lender is its top pick in the banking industry, replacing Hong Leong Bank Bhd which is near its target price. Alliance gained 2 per cent to RM3.61 at 9:43 a.m. local time in Kuala Lumpur trading, set for its highest close since July 7. Hong Leong dropped 0.7 per cent to RM13.50. -- Bloomberg
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| Tenaga's price estimate cut to RM7.93 Posted: 17 Jul 2011 07:04 PM PDT Tenaga Nasional Bhd, Malaysia's largest power producer, fell the most in three weeks after Kenanga Investment Bank Bhd said the utility may report a quarterly loss this week. The stock dropped 0.7 per cent to RM6.69 at 9:56 a.m. local time in Kuala Lumpur trading, set for its biggest decline since June 27. The share price estimate was cut to RM7.93 from RM8.06, Kenanga said in a report today. -- Bloomberg |
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