MISC 4Q earnings expected to rise on higher petroleum tanker rates


KUALA LUMPUR: MISC Bhd's earnings in the final quarter of 2019 are expected to be lifted by spikes in petroleum tanker rates, says Maybank Investment Bank research.

"Given that 35% of MISC’s oil charters are in the spot market, we expect the strong tanker rates to lift its 4Q19 earnings.

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