Friday, August 13, 2010

Press Metal advances on Q2 profit gain

Press Metal Bhd, a Malaysian aluminum products maker, rose to its highest level in more than a week after second-quarter profit climbed 11 per cent from a year earlier to RM15.2 million.

The stock added 4.3 per cent to RM1.45 at 9.44 a.m. local time in Kuala Lumpur, set for its highest close since Aug. 4. - Bloomberg

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