SapuraKencana Petroleum up in active trade


KUALA LUMPUR: The securities of SapuraKencana Petroleum Bhd advanced in active trade, riding on the rebound in oil prices due to geopolitical uncertainties and after it was rated a new buy at BofA-Merrill Lynch.

At 12.30pm, the shares rose 11 sen to RM2.45 with 15.56 million shares done. The call warrants, SKPetro-CB rose 4.5 sen to 24 sen and SKPetro-CD added three sen to 20 sen.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
I-Bhd plans preference share issue

Others Also Read