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KUALA LUMPUR: Shares in Hibiscus Petroleum Bhd rose over 5% in early trade Monday.
Brent crude futures jumped above $70 a barrel on Monday for the first time since the Covid-19 pandemic began.
KUALA LUMPUR: The FBM KLCI recorded a slight advance on Friday as it remained locked in consolidation mode amid cautious buying in recovery-themed stocks.
KUALA LUMPUR: Oil and gas (O&G) stocks are among the most active stocks on Bursa Malaysia in early trade Friday as oil prices hit its highest in over a year.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) is expected to grow its order book significantly in 2021, according to Maybank Investment Bank (IB) Research.
PETALING JAYA: More contracts are expected to be awarded in the oil and gas (O&G) sector in the second half of this year despite crude oil price rallying more than 75% since last November to above US$64 per barrel.
KUALA LUMPUR: AmInvestment Research is maintaining its overweight call on the oil and gas sector with eight buy calls and one hold following the release of their corporate results recently.
KUALA LUMPUR: Oil and gas (O&G) stocks were the most active stocks on Bursa Malaysia in early trade Monday as oil prices rose after progress on the U.S. stimulus bill.
KUALA LUMPUR: Bursa Malaysia rose in early trade as news of the Covid-19 vaccine arriving in Malaysia helped to facilitate optimism over this year's expected recovery.
KUALA LUMPUR: Oil and gas (O&G) related counters attracted investors’ attention this morning as oil price rally continues.