Pullback in oil prices dents oil and gas stocks


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KUALA LUMPUR: Petronas Dagangan and Petronas Chemicals saw most of their previous day’s gains evaporate early Wednesday after Saudi Arabia reported it was restoring production after the weekend drone attacks.

At 9.30am, the KLCI was down 7.27 points or 0.45% to 1,597.03. Turnover was 328.14 million shares valued at RM121.23mil. There were 157 gainers, 226 losers and 205 counters unchanged.

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