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PETALING JAYA: Anticipated declines in Petronas Gas Bhd’s (PetGas) gas transportation revenues will result in an earnings reduction of 3% in fiscal 2020 (FY20) and subsequently 8% in FY23, said AmInvestment Bank Research.
KUALA LUMPUR: Petronas Gas Bhd’s net profit for the final quarter of its financial year ended Dec 21,2019, surged 61.44% year-on-year (y-o-y) to RM485.27mil.
KUALA LUMPUR: Petronas Gas Bhd's net profit for the final quarter of its financial year ended Dec 21, 2019, surged 61.44% year-on-year (y-o-y) to RM485.27mil.
PETALING JAYA: Bursa Malaysia took its cue from its regional counterparts, tracking their losses and finishing the day at its lowest since 2015.
PETALING JAYA: Iran’s retaliation against the United States for the assassination of general Qasem Soleimani has affected global capital markets including Bursa Malaysia.
PETALING JAYA: The Third Party Access (TPA) system, which is now operationally in place, is expected to see Tenaga Nasional Bhd (TNB) as the potential longer-term beneficiary.
Govt and oil producers benefit, but the people will be burdened by more expensive fuel
KUALA LUMPUR: Brahim's Holdings Bhd, OCK Group Bhd, Pestech International Bhd and Petronas Gas Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: Units of Petroliam Nasional Bhd (Petronas) jumped after the state oil company reduced its stakes in them, as investors expect the move could lead to the companies having more public shares to trade and thus getting bigger weightings in key stock indexes.