Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

AirAsia remains a 'sell': UOB-Kay Hian

Go down

AirAsia remains a 'sell': UOB-Kay Hian Empty AirAsia remains a 'sell': UOB-Kay Hian

Post by hlk Thu 11 Aug 2011, 12:40

AirAsia Bhd, the region’s biggest listed budget carrier, fell to a six-week low in Kuala Lumpur trading amid continuing concern over a planned share swap with national carrier Malaysian Airline System Bhd.

Its shares fell 4.8 per cent to RM3.37 at 9:07 a.m. local time, after dropping 10.4 per cent yesterday.

UOB-Kay Hian Holdings Ltd maintained its “sell” call, saying in a report today that collaboration with Malaysian Air may dilute its market niche. -- Bloomberg

hlk
hlk
Moderator
Moderator

Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum