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PetChem registers RM506mil profit in Q1
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) posted a net profit of RM506mil in the first quarter ended March 31 from RM800mil in the same period last year.
Petronas Chemicals outlook weighed down
PETALING JAYA: Lower petrochemical prices and declining utilisation rates will continue to weigh on the outlook for Petronas Chemicals Group Bhd (PetChem).
How dividend stocks behave during a recession
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.
UOB Kay Hian: Petronas-listed firms can help govt
PETALING JAYA: Petroliam Nasional Bhd (Petronas)-listed companies are best positioned to significantly raise dividends that will help the Government to fund the RM250bil Prihatin stimulus package, according to UOB Kay Hian Research.
CGS-CIMB Research sees Dialog, Lotte winning in oil carnage
KUALA LUMPUR: CGS-CIMB Equities Research is maintaining its Overweight rating on oil and gas but highlight risks from the free fall in crude oil prices.
PetChem expects product prices to stabilise soon
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) expects product prices to stabilise in the coming quarter after a weak October-December period.
Bursa follows regional counterparts and ends lower
PETALING JAYA: Bursa Malaysia took its cue from its regional counterparts, tracking their losses and finishing the day at its lowest since 2015.
Petrochemical outlook seen unfavourable
This is due to global overcapacity, uncertain demand growth
Petronas-related stocks soar
KUALA LUMPUR: Petronas-related shares soared in early trading yesterday after the Court of Appeal moved to dismiss the Sarawak state government and Comptroller of State Sales Tax’s appeal against an earlier decision by the High Court.
No festive cheer for KLCI
KUALA LUMPUR: There is no Christmas cheer for Bursa Malaysia on Christmas eve as the benchmark index closed almost 10 points lower, dragged down by losses in heavyweights.
