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Penny O&G stocks drive Bursa volume to 10 month high


KUALA LUMPUR: Heavy churning of penny oil and gas (O&G) stocks on Thursday drove the total market volume to the highest since May last year amid a firmer broader market though blue chips gave up some gains.

At 5pm, the KLCI was down 3.72 points or 0.22% to 1,674.52. Advancers beat decliners 491 to 400 while 387 counters were unchanged.

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