KUALA LUMPUR: CIMB Research is maintaining its “Add” recommendation on YTL Corporation based on a financial year 2015 forecast, price-to-earnings ratio of 10.9 times.
The Securities Commission removed YTL from the list of Shariah-compliant stocks recently. This resulted a drop in the share price, which fell to 6.9% with 90.8 million shares worth RM149mil.
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