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Malaysia builders trailing most since 2007 lure CLSA on $16 bln plan

Posted on 08 March 2012

Malaysian construction stocks are trailing regional peers by the most since 2007, a buy signal to CLSA Ltd. and Manulife Asset Management as the government’s $16 billion building plan sends profit estimates to a record.
While the Bursa Malaysia Construction Index (KLCON) climbed 6.7 percent this year through February, the gauge lagged behind the Bloomberg Asia Pacific Engineering & Construction Index by 12 percentage points, the most for any two-month period since October 2007………………………………………..Full Article: Source


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