Axiata Group Bhd, owner of Malaysia's second-biggest mobile-phone operator, rose after Citigroup Inc and HwangDBS Vickers Research Sdn Bhd increased their share-price forecasts for the company to reflect its earnings growth prospects.
The stock rose 1.4 per cent to RM4.48 at 9:28 am in Kuala Lumpur trading, the best performer on the benchmark stock index today. -- Bloomberg
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