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Business 16 May 2012 | 12:00 AM

KLCI extends losses, plantations weigh

Blue chips extended their losses in early trade on Wednesday, in line with the weak regional markets after the failure of Greek politicians to form a government.

Business 14 May 2012 | 12:00 AM

CIMB Research keeps Petronas Gas its top utility pick

CIMB Equities Research said the fire at Petronas Gas's gas processing plant (GPP) in Kerteh will have little impact on earnings as the plant was offline and undergoing planned maintenance at that time.

Business 11 May 2012 | 12:00 AM

KLCI steady in early trade

Blue chips were steady in early trade on Friday despite the cautious regional markets following JPMorgan's US$2bil huge loss from a failed hedging strategy.

Business 10 May 2012 | 12:00 AM

Market closes firmer, leads regional markets

Blue chips closed higher on Thursday, aided by gains in Maybank, Petronas Gas and AirAsia following positive economic data amid some mild buying by local funds.

Business 10 May 2012 | 12:00 AM

Petronas Gas top gainer on strong earnings, more upside

Shares of Petronas Gas Bhd were the top gainer, surging to a high of RM17.30 in late morning of Thursday, after reporting a strong set of earnings.

Business 10 Apr 2012 | 12:00 AM

Plantations boost Malaysian market as CPO hits fresh 13-month high

Plantations gave the Malaysian market a boost on Tuesday with investors seen picking up plantation stocks after crude palm oil (CPO) prices rose to fresh 13-month highs.

Business 27 Mar 2012 | 12:00 AM

Petronas offtaker pending

IT has been reported that Petroliam Nasional Bhd (Petronas) has not secured an offtaker for imported gas through the Sungai Udang regas terminal. Petronas Gas Bhd’s (PetGas) management has indicated that it is unlikely to be penalised as it is about to sign a take-or-pay agreement with Petronas.

Business 19 Mar 2012 | 12:00 AM

FBM KLCI closes higher

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closes 2.2 points or 0.14% higher to 1,573.6 today

Business 03 Feb 2012 | 12:00 AM

Petronas keen to have more gas plants in the country

PETALING JAYA: Petroliam Nasional Bhd (Petronas) is evaluating opportunities for additional regassification projects in Pengerang, Lumut and Lahad Datu after the completion of its Lekas regassification terminal come August.

Business 21 Sep 2011 | 12:00 AM

Petronas units shares down on Eurozone crisis and declining oil prices

PETALING JAYA: Some Petroliam Nasional Bhd (Petronas)-linked stocks took a beating, as uncertainties over the eurozone crisis and declining oil prices prompted jittery investors to take profit and unwind some of their positions in markets across Asia.