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Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the 12:30 p.m. local time break in Kuala Lumpur.
The FTSE Bursa Malaysia KLCI Index (FBMKLCI) fell 0.7 percent to 1,568.34.
Ho Wah Genting Bhd. (HWG) , a manufacturer of wires and cables, rallied 1.2 percent to 43 sen, its first gain in three days. The company isn’t selling its tin-mining business for $75 million to Sino-Platinum Metals Co. Ltd., it said, denying a report in the Nanyang Siang Pau newspaper.
Padini Holdings Bhd. (PAD) , a garment maker and retailer, rose 3.3 percent to 1.57 ringgit, set for a record close. The stock’s share-price estimate was raised to 1.75 ringgit from 1.40 ringgit at HwangDBS Vickers Research Sdn., which said Padini’s store expansion will drive earnings growth.
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