SapuraKencana leads oil and gas stocks higher


KUALA LUMPUR: Oil and gas heavyweight SapuraKencana Petroleum led  oil and gas-related counters including Bumi Armada higher in early Thursday trade after the overnight surge in crude oil price.

At 9.08am, the FBM KLCI was up 1.99 points or 0.11% to 1,842.12. Turnover was 234.62 million shares valued at RM104mil. There were 221 gainers, 68 losers and 181 counters unchanged.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

E&O partners Cengild, Skyspring to develop RM350mil private hospital in Penang
PETRONAS, Turkmenistan strategic partnership opens new chapter in bilateral economic, energy relations
Ocean Vantage expands into construction with RM10mil BGB purchase
Ajinomoto shares to be suspended on June 22 pending material announcement
Vestland bags RM65mil contract for KL serviced apartment project
Ringgit closes lower against greenback amid continued expectation for Fed rate hike
TWL unit acquires 45% stake in Fairise Odyssey for RM42mil
Automotive industry’s TIV fell 15% to 61,250 units in May
George Kent to acquire 76% stake in Techkem for RM2mil
Malaysia Airports records 7.9 million passenger movements in May

Others Also Read