Quick take:Yinson gains 4% on news of RM2.36bil JX Nippon contract


KUALA LUMPUR: Shares in Yinson Holdings Bhd were boosted in early trade Friday after announcing a RM2.36bil contract from JX Nippon Oil & Gas Exploration (Malaysia) Ltd.

Yinson is currently the third top gainer, rising 18 sen, or 4.41% to RM4.26 with 101,900 shares traded. It is trading at a P/E ratio of 18.91 times.

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