Malaysian Stocks - Market seen down; Proton in focus

Newswire

KUALA LUMPUR, May 27 (Reuters) - Malaysian shares are likely to drop on Tuesday, extending a five-day losing streak on continued high oil prices and political concerns at home. National carmaker Proton could rise after the company said its net profit rose in the fourth-quarter, thanks to the introduction of new models, higher sales and a 194 million ringgit ($60.12 million) research grant from the government. Proton posted fourth-quarter net profit of 236.4 million ringgit against a net ...

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