Friday, February 18, 2011

AirAsia gains on higher earnings forecast

AirAsia Bhd, Southeast Asia's biggest budget carrier, rose the most in two weeks after HwangDBS Vickers Research Sdn Bhd raised its 2010-2011 earnings forecasts and share price estimate for the stock.

The shares gained 1.1 per cent to RM2.70 at 9:21 a.m. in Kuala Lumpur trading, set for their largest increase since Feb. 2. -- Bloomberg

No comments:

Post a Comment