Bloomberg News

Malaysian Stock Movers: CapitaMalls, Cybertowers, Southern Steel

July 22, 2012

FTSE Bursa Malaysia KLCI Index falls 0.1% at 9:22 a.m. in Kuala Lumpur, with 14 stocks down; MSCI Emerging Market Index slides 1.1%.

ADVANCERS: * CapitaMalls Malaysia (CMMT) +1.9%; 2Q net income rises 75% to 132.8m ringgit from 75.7m ringgit yr earlier * Southern Steel (SSB MK) +2.1%; Co. may set up flat-steel plant in northern Penang state after getting government approval, Edge weekly newspaper reports, citing unidentified people

DECLINERS: * Cybertowers (CYBT MK) -3.1%; Christian Kwok Leun Yau Heilesen ceases to be substantial shareholder after selling 8.3m shrs

To contact the reporter on this story: Gan Yen Kuan in Kuala Lumpur at ykgan@bloomberg.net

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net


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