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KUALA LUMPUR: Shares in Favelle Favco Bhd rose over 4% in early trade Tuesday after securing orders worth RM101.4mil from six clients operating across the region.
PETALING JAYA: The slew of purchase orders secured by Favelle Favco Bhd (FFB) recently may signal the return of offshore oil and gas activities, which is viewed positively by some analysts.
PETALING JAYA: Given the resilient demand for flexible plastic packaging (FPP), MIDF Research has raised its earnings estimates and target price for Daibochi Bhd.
THE benchmark crude palm oil (CPO) futures contract on Bursa Derivatives was traded traded around the RM4,000-a-tonne level this week as labour shortages and bad weather in key plantation areas curbed production.
MIDF Research expects the oil and gas players to register stronger year-over-year earnings growth in the financial year 2021 after a series of commendable earnings recovery recorded from the third quarter of 2020 onwards.
PETALING JAYA: After enjoying the months-long rally that lifted crude palm oil (CPO) prices to a high that was last seen more than a decade ago, planters will need to brace themselves for a number of challenges ahead.
THE continued rise in Brent Crude Oil prices is likely to restore and increase the fortunes of some companies operating in the oil and gas (O&G) space.