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NewsMAS downgraded, stock at 6-week low
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MAS downgraded, stock at 6-week low
by hlk Wed 23 Nov 2011, 18:15
Malaysian Airline System Bhd, the national carrier, fell to a six-week low in Kuala Lumpur trading as HwangDBS Vickers Research Sdn Bhd downgraded the stock to “hold” after the company reported a RM477.6 million quarterly loss.
The shares dropped 2.2 per cent to RM1.33 at 9:42 a.m. local time, set for their lowest close since Oct. 10. -- Bloomberg
The shares dropped 2.2 per cent to RM1.33 at 9:42 a.m. local time, set for their lowest close since Oct. 10. -- Bloomberg
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