Thursday 1 December 2011

Malaysia Steel advances on tripling Q3 income

Malaysia Steel Works KL Bhd rose the most in more than two weeks in Kuala Lumpur trading after third- quarter net income more than tripled to RM16.2 million.

The stock climbed 1.9 percent to RM1.07 at 9:14 a.m. local time, set for its biggest gain since Nov. 14. -- Bloomberg



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