Tuesday 8 November 2011

Malaysia Smelting gains on profit swing

Malaysia Smelting Corp, the world’s second-biggest tin producer, rose the most in almost three months in Kuala Lumpur trading after reporting a third-quarter profit of RM41.8 million following a loss a year earlier.

Its shares gained 4.5 percent to RM4.15 at 9:04 a.m. local time, set for their biggest increase since Aug. 11. -- Bloomberg
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