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KUALA LUMPUR: Oil and gas (O&G) related counters dominated the list of most active stocks on the local bourse in early trade Wednesday as oil prices hit three-month high.
PETALING JAYA: Petroliam Nasional Bhd’s plan to slash its budget could see it saving some RM17bil, but this may be insufficient for the state-owned oil and gas (O&G) giant to weather the challenging economic environment, according to a local research house.
Will Petronas buy the idea of setting up an SPV to take over the assets of ailing oil and gas companies?
REVIEW: Trading on Bursa Malaysia took on a frenetic pace over the past week with a record daily trading volume of 11.21 billion shares recorded on Monday as investors flocked to equities in an an attempt to catch a rally.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia ended Tuesday on a firm note as investor sentiment was boosted by hope from the early-stage trial for a Covid-19 vaccine and firmer oil prices.
Oil and gas stocks in focus as investors shift attention from healthcare
KUALA LUMPUR: Trading volume on Bursa Malaysia surged to a fresh record high above 11 billion units on Monday as punters and traders chased oil and gas stocks following the rebound in oil prices.
KUALA LUMPUR: Shares in Icon Offshore Bhd jumped 46% this morning as the company returned to the black in the first quarter ended March 31.
KUALA LUMPUR: Traders and punters were very active in early Monday trade as trading volume surged to 1.72 billion units in about 16 minutes of trade, focusing on oil and gas penny stocks.