NST Online Business Times : latest
NST Online Business Times : latest |
| JPMorgan sees Axiata growth 'stalling' Posted: 04 Sep 2011 06:57 PM PDT Axiata Group Bhd fell the most in more than a week after JPMorgan Chase & Co said the Malaysian mobile phone operator's earnings estimates may be cut on "stalling" growth at its local and Indonesian operations. The stock slid 1.3 percent to RM4.64 at 9:47 a.m. local time in Kuala Lumpur trading, bound for its biggest drop since Aug. 25. -- Bloomberg |
| Posted: 04 Sep 2011 06:38 PM PDT CIMB Group Holdings Bhd fell the most in more than a week, leading a drop by Malaysian banks after ECM Libra Capital Sdn Bhd said their valuations are "not compelling" amid slowing loan growth. The stock slid 1.6 percent to RM7.28 at 9:18 a.m. local time, set for its steepest decline since Aug. 26. RHB Capital Bhd lost 1 percent to RM8.23 and AMMB Holdings Bhd dropped 1.1 percent to RM6.34. -- Bloomberg
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