January 28, 2011

BURSA - Bursa raised to 'trading buy' at CIMB

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

Bursa Malaysia Bhd., the nation’s stock exchange manager, was upgraded at CIMB Investment Bank Bhd, which cited “better” earnings prospects on improved trading value in the stock market.

The stock’s rating was raised to “trading buy” from “neutral” and its share estimate increased to RM11.60 from RM8.64, Winson Ng Gia Yann, an analyst at CIMB, said in a report today. - Bloomberg

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