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CIMB raised to 'buy' at Deutsche Bank Posted: 01 Sep 2011 06:31 PM PDT CIMB Group Holdings Bhd, a Malaysian banking group, rose the most in more than two months after Deutsche Bank raised the stock rating to "buy" from "hold" with a price target of RM8.20. The stock gained 2.6 per cent to RM7.25 at 9:10 a.m. in Kuala Lumpur trading, set for the biggest increase since June 28. -- Bloomberg |
Opcom shares jump to 6-year high Posted: 01 Sep 2011 06:13 PM PDT Opcom Holdings Bhd, a Malaysian supplier of fiber optic cables, rose to a six-year high in Kuala Lumpur trading after the company said its shares will go ex- dividend on Sept. 14. It earlier declared a special dividend of 22.5 sen per share. The stock jumped 26.4 per cent to RM1.03 at 9:07 a.m. local time, set for its highest close since Aug. 8, 2005. -- Bloomberg |
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