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Tenaga upgraded to 'buy', stock climbs Posted: 12 Sep 2011 06:18 PM PDT Tenaga Nasional Bhd, a Malaysian power producer, rose in Kuala Lumpur trading after AMMB Holdings Bhd upgraded the stock to "buy" with a share estimate of RM6.40. It climbed 1.4 percent to RM5.21 at 9:13 a.m. local time, set for its biggest increase since Sept. 8. -- Bloomberg
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KKB Engr gains on two contract wins Posted: 12 Sep 2011 06:11 PM PDT KKB Engineering Bhd rose in Kuala Lumpur trading after winning two contracts totaling RM30.7 million to supply water pipes and gas cylinders. The stock gained 1.2 percent to RM1.66 at 9:03 a.m. local time, set for its biggest increase since Sept. 2. -- Bloomberg |
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