AirAsia slides to 3-month low
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AirAsia slides to 3-month low
AirAsia Bhd, Asia’s biggest listed discount carrier, fell to a three-month low after Kenanga Investment Bank Bhd cut its share price estimate to reflect “weakening sentiments” on the stock due to the global economic outlook.
The stock slid 2.4 percent to RM3.27 at 10:42 a.m. local time in Kuala Lumpur trading, set for its lowest close since June 23.
The share estimate was reduced to RM3.98 from RM4.32, Kenanga said in a report.-- Bloomberg
The stock slid 2.4 percent to RM3.27 at 10:42 a.m. local time in Kuala Lumpur trading, set for its lowest close since June 23.
The share estimate was reduced to RM3.98 from RM4.32, Kenanga said in a report.-- Bloomberg
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