Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Malaysia Stocks: AirAsia, Pos Malaysia, Petronas Chemicals, TA

Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the 5 p.m. close in Kuala Lumpur.

The FTSE Bursa Malaysia KLCI Index fell 1.30, or 0.1 percent, to 1,514.25, snapping a six-day gain. The gauge has fallen 0.3 percent this year.

AirAsia Bhd. (AIRA MK), Southeast Asia’s biggest budget carrier, fell 0.7 percent to 2.68 ringgit, its first drop since March 18. The stock’s rating was cut to “hold” from “buy” at UOB-Kay Hian Holdings Ltd., which said the shares may post gains of “just” 10 percent this year, according to a report today.

Petronas Chemicals Group Bhd. (PCHEM MK), a petrochemicals company, climbed 1.8 percent to 6.95 ringgit, closing at a record. CIMB Investment Bank Bhd. raised its share estimate for Petronas Chemicals to reflect the company’s “superior” growth prospects, bolstered by higher product prices. The share estimate was increased to 10 ringgit from 7.25 ringgit, Terence Wong, an analyst at CIMB, wrote in a report today.

Pos Malaysia Bhd. (POSM MK), the national postal company, advanced 2.8 percent to 3.32 ringgit, its highest level since Feb. 14. The company said it proposed a special dividend of 7.5 sen a share on top of a final dividend of 10 sen, according to a stock-exchange filing.

TA Enterprise Bhd. (TAE MK), a stockbroking and property group, added 2.8 percent to 74 sen, its highest close since Feb. 23. The company said profit in the fourth quarter ended Jan. 31 surged 93 percent from a year earlier to 29.1 million ringgit, according to an exchange filing.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.