Small cap oil and gas stocks in focus as oil climbs

KUALA LUMPUR: Small capitalised oil  and gas stocks were in focus after crude oil prices staged a recovery but the broader market was cautious after the overnight tumble on Wall Street and the FBM KLCI snapped its recent rally.

At 9.36am, the KLCI was down 2.8 points or 0.15% to 1,816.30. Turnover was 371.89 million shares valued at RM152.45mil. There were 187 gainers, 228 losers and 190 counters  unchanged.