July 19, 2012

Bursa upgraded at Credit Suisse

Stock Name: BURSA
Company Name: BURSA MALAYSIA BHD
Research House: CREDIT SUISSEPrice Call: TRADING BUYTarget Price: 7.28



Bursa Malaysia Bhd, the country's exchange operator, gained 2.3 percent to RM6.66 in Kuala Lumpur trading at 9.37am, bound for its highest close since May 14.

The stock was upgraded to "outperform" at Credit Suisse Group AG with a price estimate of RM8, Arjan van Veen, an analyst, wrote in a report today.

CIMB Group Holdings Bhd raised its rating to "trading buy" from "neutral" with a price estimate of RM7.28, according to a report today. -- Bloomberg

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