KUALA LUMPUR: Blue chips eked out slim gains at midday on Friday after a volatile morning session, tracking the cautious key Asian markets but AirAsia was the star as it scaled to fresh record high.
AirAsia rose 17 sen to RM4.31 in active trade and it is trading at a price to earnings of 8.07 times. Most analysts have a buy call on the low-cost carrier with Macquarie Research an Outperform and a target price of RM6.30 while DBS Vickers has a Buy and TP of RM4.80.
Read more at https://www.thestar.com.my/business/business-news/2018/02/02/airasia-at-fresh-record-high-at-midday-ringgit-up/
