UEM Land Holdings Bhd, a Malaysian developer, rose the most in a week in Kuala Lumpur trading after RHB Research Insitute upgraded the country’s property industry to “neutral.”
The stock climbed 1.4 percent to RM2.26 at 9:13 a.m. local time, set for its biggest increase since Dec. 27.
UEM Land was among RHB’s top picks, according to a report by analyst Loong Kok Wen today.
By Bloomberg
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