PETALING JAYA: British American Tobacco (M) Bhd
’s (BAT) share price fell 5.1% to RM45.44 on the back of a possible cigarette price hike.
CIMB Research in a report said that a 5% decline in BAT’s sales volume is estimated to negatively affect the financial year 2017 to 2019 forecast (FY17-FY19F) estimates by 5.2%.
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