Monday, August 16, 2010

Genting hits 34-month high on Citi upgrade

Genting Bhd, Asia's second-biggest listed casino operator, rose to its highest level in 34 months in Kuala Lumpur trading after Citigroup Inc raised its rating on the stock to 'buy' from 'hold'.

The stock gained 1.2 per cent to RM8.28 at 9:25 am local time, set for its highest close since Oct. 29, 2007. -- Bloomberg

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