Analysts downgrade call on MISC after cutting full-year forecast net profit


PETALING JAYA: MISC Bhd’s first-quarter earnings came in below analysts’ expectations, with several analysts downgrading their call on the stock after cutting full-year earnings forecast.

OSK Research said it was not expecting a strong second half, given the bleak outlook for the global economy as a growing euro debt crisis feebled recovery in the United States.

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