February 18, 2011

CSCSTEL - CSC Steel raised to 'trading buy' at OSK

Stock Name: CSCSTEL
Company Name: CSC STEEL HOLDINGS BERHAD
Research House: OSK

CSC Steel Holdings Bhd, a Malaysian producer of steel pipes and cold-rolled coils, was raised to “trading buy” from “neutral” at OSK Research Sdn Bhd to reflect its improving earnings outlook, according to a report today.

The stock climbed 1.7 per cent to RM1.79 at 9:07 a.m. local time, set for its highest close since November 12. -- Bloomberg

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