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Quick take: Oil and gas counters fall after oil prices dives
KUALA LUMPUR: Oil and gas counters on Bursa Malaysia fell in early trade Friday as oil prices extended its slump.
O&G stocks on Bursa post recovery gains
Market reacts to Opec+ decision to increase production cuts
KLCI jumps on growing confidence over recovery
KUALA LUMPUR: Bursa Malaysia picked up the rally where it last left off as investor optismism over the global recovery reached a new fever pitch.
Bank stocks lead rally as recovery hopes take flight
KUALA LUMPUR: Global equities pushed higher as investor risk appetite continued to grow on expectations that the worst was over for the global pandemic while government stimulus further stirred hopeful sentiment.
Quick take: Oil & gas counters top Bursa active list
KUALA LUMPUR: Oil and gas (O&G) related counters dominated the list of most active stocks on the local bourse in early trade Wednesday as oil prices hit three-month high.
KLCI tracks global uptick in momentum, Brent hovers near US$40
KUALA LUMPUR: Bursa Malaysia tracked US and European markets higher to continue the searing rally that has overtaken global equities as the reopening of economies and more government stimulus offset worries over the coronavirus, civil unrest in the US and protests in Hong Kong.
Abdul Rahman to helm CIMB
PETALING JAYA: CIMB Group Holdings Bhd (CIMB) has appointed Datuk Abdul Rahman Ahmad (pic) its group chief executive officer and executive director effective June 10.
CIMB appoints ex-PNB chief Abdul Rahman as group CEO
KUALA LUMPUR: CIMB Group Holdings Bhd's board of directors has appointed Datuk Abdul Rahman Ahmad as the group chief executive officer/executive director for CIMB and CEO/executive director of CIMB Bank Bhd.
Petronas may save RM17bil from budget cut
PETALING JAYA: Petroliam Nasional Bhd’s plan to slash its budget could see it saving some RM17bil, but this may be insufficient for the state-owned oil and gas (O&G) giant to weather the challenging economic environment, according to a local research house.
