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KUALA LUMPUR: Bursa Malaysia followed key Asian markets higher early Monday as buying returned to blue chips including Petronas-linked stocks, Public Bank and Hartalega.
Environmental, social and governance (ESG) issues are gaining prominence as the world looks at the impact of the Covid-19 pandemic.
KUALA LUMPUR: Glove makers and Petronas Gas gave the FBM KLCI a much-needed boost on Friday as investor sentiment perked up on some buying interest.
KUALA LUMPUR: The FBM KLCI swung higher one day after profit-taking sent equities sharply into the red, reaffirming expectations of market consolidation.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) on Friday said it is stepping up investments in hydrogen as part of a global push to produce carbon-free energy, even as the firm expands its portfolio in liquefied natural gas and renewable energy.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will extend the leases of Menara 3 Petronas and Petronas Twin Towers of KLCC Real Estate Investment Trust (REIT) for a further term of 15 years.
KUALA LUMPUR: Malaysia's blue chips, the ringgit and crude palm oil (CPO) for third month delivery all came under late selling pressure while the FBM KLCI skidded 1.31% as investors reduced their stakes in banks.
KUALA LUMPUR: Petronas Gas Bhd recorded a net profit of RM591.01mil in the third quarter ended Sept 30, 2020, which was 36.9% higher than RM431.59mil in the previous corresponding quarter on the back of higher revenue contributions from its business segments.