Stock Name: PUNCAK
Company Name: PUNCAK NIAGA HOLDINGS BHD
Puncak Niaga Holdings Bhd rose the most in 34 months after OSK Holdings Bhd upgraded the stock following a Business Times report the Malaysian water treatment operator may join a group to take over the national sewerage company.
The stock jumped 17 percent to RM1.33 at 11:02 a.m. local time in Kuala Lumpur trading, set for its biggest gain since Nov. 3, 2008.
OSK raised its stock rating to "trading buy" from "neutral," it said in a report today. -- Bloomberg
Company Name: PUNCAK NIAGA HOLDINGS BHD
| Research House: OSK | Price Call: TRADING BUY | Target Price: 1.82 |
Puncak Niaga Holdings Bhd rose the most in 34 months after OSK Holdings Bhd upgraded the stock following a Business Times report the Malaysian water treatment operator may join a group to take over the national sewerage company.
The stock jumped 17 percent to RM1.33 at 11:02 a.m. local time in Kuala Lumpur trading, set for its biggest gain since Nov. 3, 2008.
OSK raised its stock rating to "trading buy" from "neutral," it said in a report today. -- Bloomberg
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