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CIMB Research maintains Add on Prestariang

KUALA LUMPUR: CIMB Research has maintained its Add call on Prestariang with a target price of RM2.23, saying that its share price goes ex-bonus issue on Friday.

Star Media upgraded to ‘add’

PETALING JAYA: Star Media Group Bhd’s (SMG) stock has been upgraded to an “add” by CGSCIMB with the company’s earnings outlook raised significantly after the company’s 2018 financial year results

Westports Holdings upgraded from ‘hold’ to ‘add’

PETALING JAYA: CIMB Equities Research has upgraded Westports Holdings Bhd from “hold” to “add” as it rolls over its discounted cashflow-based target price to end-CY18.

CIMB Research upgrades Supermax to Add

KUALA LUMPUR: CIMB Research has upgraded its recommendation for glovemaker Supermax from Hold to Add at a target price of RM2.90, with an unchanged price-to-earnings ratio of 12.4 times.

CIMB Research maintaining Add call on MRCB

KUALA LUMPUR: CIMB Research is maintaining its Add call on Malaysian Resources Corp (MRCB) with a target price of RM1.89.

CIMB Research maintains Add on Muhibbah

KUALA LUMPUR: CIMB Research has maintained its Add on Muhibbah Engineering with a target price of RM3.48, it said in a note on Friday.

CIMB Research retains Add recommendation for Perisai

KUALA LUMPUR: CIMB Equities Research is maintaining its Add recommendation for Perisai Petroleum, with a target price of RM2.28.

Affin Research downgrades Choo Bee from Buy to Add

KUALA LUMPUR: Affin Research has downgraded Choo Bee to Add from Buy with a raised target price of RM2.05 from RM1.77 previously given the group’s earnings upgrade.

CIMB Research upgrades YTL Corp to Add

PETALING JAYA: CIMB Research has upgraded YTL Corp to Add from Hold, with the target price revised to RM2.42 per share from RM1.94 on a revaluation of the company’s cement business to better reflect its position as a key growth catalyst.

MSCI to add mainland China shares to key benchmark

NEW YORK: U.S. index provider MSCI said on Tuesday it will add mainland Chinese stocks to one of its key benchmarks, but shocked many emerging market investors by failing to upgrade Argentina from the frontier market category where it has languished in recent years.