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KUALA LUMPUR: AmInvestment Research is retaining its Neutral outlook on the oil and gas sector as persistent low asset utilisation levels could still lead to negative cash outflows in the first half of 2017.
KUALA LUMPUR: JF Apex Research expects IWC, Alam Maritim, LBS Bina and GHL Systems to be among the stocks to watch on Thursday.
KUALA LUMPUR: Bursa Malaysia chalked up some mild gains on Wednesday, with Genting Bhd and Petronas Gas taking the lead, while the ringgit was flat against the US dollar.
KUALA LUMPUR: AmInvestment Bank expects oil price dynamics to remain uncertain and volatile in 2017 and maintained its oil price projection of an average of US$45 to US$50 per barrel in 2017 compared to US$43 per barrel in 2016.
PETALING JAYA: The surprise agreement by the Organisation of the Petroleum Exporting Countries (Opec) to reduce oil production sparked a rally in crude prices as well as Bursa Malaysia’s oil and gas (O&G) counters.
KUALA LUMPUR: JF Apex Research expects Sime Darby, Tune Protect, Chin Hin, Mega First, Kerjaya Prospeck, Sunway and Mah Sing to be among the stocks to watch on Monday after their improved quarterly earnings.