KNM Group Bhd, a Malaysian oil and gas services provider, rose to its highest level in a week in Kuala Lumpur trading after HwangDBS Vickers Research Sdn Bhd upgraded the stock to “buy” from “hold”.
Its shares gained 1.1 per cent to 46.5 sen at 9:07 a.m. local time, set for their highest close since Sept. 27.
KNM has potential orders valued at RM3 billion next year, HwangDBS said in a report today. -- Bloomberg
Read more: KNM gains after HwangDBS 'buy' call http://www.btimes.com.my/Current_News/BTIMES/articles/20101004091500/Article/index_html#ixzz11MExYgkl
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