Oil and gas stocks under pressure as oil prices sink


KUALA LUMPUR: Malaysia’s FBM KLCI fell  more than eight points in early Friday as market sentiment weaken following the selldown on oil and gas counters among the top losers as crude oil prices fell below US$60 per barrel.

At 9.18am, the KLCI was down 8.03 points or 0.44% to 1,821.88. Turnover was 205.17 million shares valued at RM131.75mil. There were 287 losers to 64 gainers while 157 counters were unchanged.

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