KUALA LUMPUR (July 27): RHB analyst Chiong Tong Chai downgraded the recommendation on Luxchem Corp Bhd to neutral from buy.

* Price target (PT) set to 69 sen. 

* Luxchem had 2 buys, 0 holds, 0 sells previously: Bloomberg data

Performance Metrics

* Investors who followed the analyst's recommendation would have received an 18 percent return in the past year, compared with the 2.6 percent return on the shares.