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AirAsia price estimated raised, stock rises Posted: 31 Jul 2011 07:46 PM PDT AirAsia Bhd climbed in Kuala Lumpur trading, set to close at a record after UOB-Kay Hian Holdings Ltd raised its share estimate to RM4.60 from RM3.70. The stock advanced 1.8 per cent to RM4 at 10:34 a.m. local time. The carrier's rating was maintained at "buy," UOB- Kay Hian wrote in a report today. -- Bloomberg |
MAS climbs after new chairman named Posted: 31 Jul 2011 06:20 PM PDT Malaysian Airline System Bhd rose in Kuala Lumpur trading after the national carrier named Md. Nor Yusof as chairman after Mohamed Munir Abdul Majid quit the company. The stock climbed 1.4 per cent to RM1.50 at 9:12 a.m. local time, set for the steepest increase since July 20. -- Bloomberg
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