Friday, June 11, 2010

MAS up to highest level in three weeks

KUALA LUMPUR: MALAYSIAN AIRLINE SYSTEM BHD [] share price rose 1.98% or four sen to RM2.06 at 9.25am Friday, June 11, its highest since May 17, after BURSA MALAYSIA BHD [] and FTSE Group said the counter would replace Nestle (Malaysia) Bhd in the 30-stock FBM KLCI.

In a joint statement on Thursday, Bursa Malaysia and FTSE Group said the change, to take effect at the start of business on 21 June 2010, followed the semi-annual review approved by the FTSE Bursa Malaysia Index Advisory Committee.

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