December 12, 2011

Petronas Chems upgraded, stock rises

Stock Name: PCHEM
Company Name: PETRONAS CHEMICALS GROUP BHD
Research House: RHBPrice Call: BUYTarget Price: 6.72



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

1 comment:

  1. Indeed a very nice post and I am a devoted orthodontist reader at Las Vegas.Your post is really very valuable. Thanks for sharing. keep up the good posting.

    ReplyDelete