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KUALA LUMPUR: It was a sea of red on Bursa Malaysia in the morning trading session, with losers outpacing gainers, as tensions flared up in the Middle East after Iran fired missiles at U.S. forces in Iraq.
KUALA LUMPUR: Oil and gas (O&G) related counters continued to dominate the list of most active stocks on the local bourse in early trade Wednesday.
KUALA LUMPUR: Asian markets ended in a sea of red on Monday as fears of escalating Middle east tensions sent the FBM KLCI below 1,600 while crude oil and gold rallied.
PETALING JAYA: The price of crude oil, which had risen more than 25% last year, could see a more subdued year in 2020 as the oversupply of oil in the market is unavoidable. This is despite the recent jump in crude oil prices after a top Iranian general was killed in a US airstrike at Baghdad’s airport.
KUALA LUMPUR: The FBM KLCI fell to either side of the 1,600-point line in early trade as profit-taking activity continued amid a subdued post-Christmas trading mood.
KUALA LUMPUR: Shares of Alam Maritim Resources Bhd gained on Friday on heavy trading, after the provider of offshore support vessels announced a contract win.
KUALA LUMPUR: Stocks to watch on Friday include TRC Synergy Bhd, Alam Maritim Resources Bhd, Parkson Holdings Bhd, PLS Plantations Bhd and Asia Poly Holdings Bhd, according to JF Apex Research.
PETALING JAYA: Alam Maritim Resources Bhd’s unit has won a RM14.42mil contract from Petronas Carigali Sdn Bhd.
KUALA LUMPUR: Stocks that may see trading interest on Wednesday include Aeon Credit, Alam Maritim, Asia Poly, GFM and Scientex, says JF Apex research.
KUALA LUMPUR: The FBM KLCI bounced slightly higher on Thursday following the sharp sell-off seen in recent sessions.