October 6, 2010

BURSA - Bursa Malaysia raised to 'buy'

Stock Name: BURSA
Company Name: BURSA MALAYSIA BHD
Research House: HWANGDBS



Bursa Malaysia Bhd was raised to "buy" from "fully valued" at HwangDBS Vickers Research Sdn Bhd, which said structural changes will "rev up" capital markets, boosting trading volumes and values.

The share-price estimate was increased to RM9.60 from RM6.20, Hon Seow Mee, an analyst at HwangDBS said in a report today.

Bursa shares rose 0.5 per cent to RM8.24, set for its highest close since November 19. - Bloomberg



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