Maybank IB said its key buy calls are on these stocks – Dialog Group Bhd, Icon Offshore Bhd, Malaysia Maring and Heavy Engineering Holdings Bhd, Wah Seong Corp Bhd and Yinson Holdings Bhd.
PETALING JAYA: Analysts have become more optimistic on the crude oil price outlook, thus raising their price forecasts on the commodity.
Maybank Investment Bank Research (Maybank IB) in its report said it had raised its crude oil price assumption to US$55-US$60 per barrel for 2021 from US$45-US$50 per barrel before.
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