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AirAsia raised to 'buy', stock jumps

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AirAsia raised to 'buy', stock jumps Empty AirAsia raised to 'buy', stock jumps

Post by hlk Tue 11 Oct 2011, 21:40

AirAsia Bhd advanced to a three-week high after the stock was raised to “buy” from “neutral” at UBS AG to reflect the budget carrier’s earnings prospects.

The stock climbed 2.3 percent to RM3.12 at 9:09 a.m. Kuala Lumpur time, set for its highest close since Sept. 21. -- Bloomberg

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