KUALA LUMPUR: CIMB Research is downgrading Bursa Malaysia Bhd
to Hold from Add and slashing its target price to RM8.05 from RM8.82 despite 2014 net profit exceeding expectations, saying it is cautious on the outlook for the equity market in 2015.
The stock was trading at RM8.25 at 11.07am on Friday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
