War puts oil and gas, petrochemical stocks back in play


INTEREST in Bursa Malaysia-listed oil and gas, and petrochemical stocks has returned with the outbreak of conflict in the Middle East.

As energy prices jumped, shares of companies like Velesto Energy Bhd, Hibiscus Petroleum Bhd, Bumi Armada Bhd and Petronas Chemicals Group Bhd were heavily traded this week, marking gains despite some profit-taking.

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