KUALA LUMPUR: CIMB Equities Research says the oil and gas (O&G) sector remains a high-conviction Overweight as it maintains all its stock recommendations, earnings forecasts and target prices.
"Our top picks are Petronas Dagangan for the big caps and Perisai for the small caps," it said on Monday. It was commenting on a news report that Petroliam Nasional Bhd (Petronas) is offering 10 marginal oil & gas fields under its third licensing round for risk service contracts (RSC).
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