Bullish outlook: Analysts say investors have moved into O&G stocks ahead of expectations of more capital spending by PETRONAS.
OIL and GAS (O&G) stocks have generally been stellar performers since the year began.
The sector’s shares have now recovered back to their eight-month highs, with the Bursa Malaysia Energy Index having gained some 12.5% to 876.69 points in the year-to-date period.
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