Malaysia Stock Market Movers sept 21 2011

Indonesia stock info - Malaysia Stock Market Movers sept 21 2011 ; Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of 9:29 a.m. in Kuala Lumpur.

Malaysia’s FTSE Bursa Malaysia KLCI (FBMKLCI) Index rose 2.50, or 0.2 percent, to 1,413.14, set for its biggest gain since Sept. 8.

Berjaya Corp. (BC MK), a property, insurance and gaming group, dropped 2.1 percent to 95.5 sen, set for its lowest close since Sept. 1, 2010. CIMB Group Holdings Bhd. cut its share price estimate for the stock to 1.13 ringgit from 1.42 ringgit to reflect earnings dilution from a proposed rights offer of loan stocks.

MISC Bhd. (MISC) , Malaysia’s biggest shipping company, fell 2.6 percent to 6.70 ringgit. MISC had its debt rating cut one level to Baa1 by Moody’s Investors Service because of spending plans and expected operating losses across different units. Moody’s has a negative outlook on MISC’s rating. source http://www.bloomberg.com

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