PETALING JAYA: Oil and gas stocks rallied yesterday on hopes that record high crude oil prices will lift earnings for contractors like SapuraCrest Petroleum Bhd, Scomi Group Bhd and Kencana Petroleum Bhd.
Shares in SapuraCrest jumped 13 sen, or 8.7%, to a three-month high of RM1.62. Trading was active with 14.9 million shares transacted.
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