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PETALING JAYA: The FBM KLCI yesterday went into profit-taking activity amid mixed regional market performances weighing on investor sentiment.
KUALA LUMPUR (Bernama): Tengku Muhammad Taufik Tengku Aziz, currently Petroliam Nasional Bhd's (Petronas) group chief financial officer, will take over the helm of the national oil firm from Tan Sri Wan Zulkiflee Wan Ariffin beginning July 1.
PETALING JAYA: The local market appeared resilient and saw broad gains for the bigger-capitalised stocks despite a weaker sentiment in Asia and Europe.
KUALA LUMPUR: With little earnings risk over the next three years, Petronas Gas Bhd's recent share price weakness could offer investors a buying opportunity, says Kenanga research.
KUALA LUMPUR: Petronas Gas Bhd recorded a 28.6% year-on-year (y-o-y) drop in net earnings to RM368.12mil for the first quarter ended March 31, 2020, due to unrealised foreign exchange loss.
Reuters, April 15 - Most Southeast Asian stock markets edged up on Wednesday after the Chinese central bank cut a key interest rate to get its economy back on track amid fears of the worst global economic downturn since the 1930s.
PETALING JAYA: Petronas-linked stocks were among the top gainers on Bursa Malaysia yesterday following the surge in global oil price by 50% in just one week on the prospect of Russia and Saudi Arabia cutting their production.
Recessions and bear markets are almost a shoo-in for long-term investing. While we will never be able to guess its exact timeline, what’s certain is that it is around the bend, particularly after an 11-year bull run since the 2008 financial crisis.