Wednesday, November 24, 2010

KNM rises on higher Q3 net income

KNM Group Bhd, a Malaysian oil and gas services provider, rose the most in seven weeks in Kuala Lumpur trading after reporting a 76 per cent jump in third-quarter net income.

Its shares climbed 3.5 per cent to 45 sen at 9:03 a.m. local time, set for their biggest gain since October 4. -- Bloomberg

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