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MAS surges 13pc, AirAsia falls

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MAS surges 13pc, AirAsia falls Empty MAS surges 13pc, AirAsia falls

Post by hlk Wed 10 Aug 2011, 10:34

Malaysian Airline System Bhd surged the most in almost four years while AirAsia Bhd dropped after their parents swapped stakes to forge ties between the nation’s two largest carriers.

Malaysian Air jumped 13 per cent to RM1.80 at 9:04 a.m. local time in Kuala Lumpur trading, set for its biggest gain since Oct. 2, 2007.

AirAsia dropped 4.6 per cent to RM3.77. -- Bloomberg

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