month high after beating earnings expectations
Bermaz Auto Bhd shares reached a 13-month high following strong annual earnings that exceeded market expectations. Analysts have upgraded the stock, citing a robust dividend yield and the upcoming launch of a new Mazda SUV model.
Why it matters
The performance reflects broader trends in the Malaysian automotive market and investor sentiment toward consumer-facing manufacturing stocks.
BURSA SGX Home Hot Stock KUALA LUMPUR (June 12): Bermaz Auto Bhd (KL: BAUTO ) surged to a 13-month high on Friday as the car assembler's earnings for the recently-ended financial year beat market expectations.
The article relies on financial data and analyst consensus reports.
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