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Petronas Chems upgraded, stock rises
by hlk Mon 12 Dec 2011, 12:56
Petronas Chemicals Group Bhd, the petrochemicals arm of Malaysia’s state
oil company, rose the most in more than a week in Kuala Lumpur trading
after the stock was upgraded to “outperform” with an increased so-called
fair value of RM6.72 at RHB Capital Bhd.
Its shares gained 1.3 percent to RM6.08 at 9:15 a.m. local time, set for their biggest increase since Dec. 1. -- Bloomberg
oil company, rose the most in more than a week in Kuala Lumpur trading
after the stock was upgraded to “outperform” with an increased so-called
fair value of RM6.72 at RHB Capital Bhd.
Its shares gained 1.3 percent to RM6.08 at 9:15 a.m. local time, set for their biggest increase since Dec. 1. -- Bloomberg
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