Rabu, 21 September 2011

NST Online Business Times : latest


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NST Online Business Times : latest


Macquarie cuts AirAsia's price estimate

Posted: 21 Sep 2011 07:05 PM PDT

AirAsia Bhd, Asia's biggest budget carrier, fell to its lowest level in more than three months after Macquarie Group Ltd cut its share price estimate to RM4.15 from RM4.44.

The stock slid 3.8 percent to RM3.04 at 9:51 a.m. local time in Kuala Lumpur trading, set for its lowest close since June 6. -- Bloomberg

Sime snaps 2-day gain on downgrade

Posted: 21 Sep 2011 07:06 PM PDT

Sime Darby Bhd, a Malaysian plantation and industrial group, fell after the stock was cut to "neutral" from 'outperform'' at Macquarie Group Ltd.

The stock slid 1.2 percent to RM8.14 at 9:37 a.m. local time in Kuala Lumpur trading, snapping a two-day gain. -- Bloomberg

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