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KUALA LUMPUR: Blue chips advanced in early Thursday trade, underpinned by gains in Petronas-linked stocks, Hong Leong Bank and Public Bank as investor confidence was bolstered by key Asian markets and Wall Street.
NEW YORK: Oil prices rose nearly 4% on Wednesday after President Donald Trump falsely claimed victory in a tight U.S. election with millions of votes still to be counted and after data showed a large decline in U.S. crude inventories
PETALING JAYA: The higher dividend payout by Petroliam Nasional Bhd (Petronas) to the government could hamper its ability to recover from the current downturn in the oil and gas industry, according to Maybank IB Research.
Group to invest RM30mil in 10MW solar roof project
KUALA LUMPUR: Bursa Malaysia closed off the day's best on Wednesday while banks, energy and plantation stocks were mixed despite gains in crude palm oil (CPO) and oil prices.
KUALA LUMPUR: The FBM KLCI rebounded on Wednesday following Bank Negara's decision yesterday to maintain the overnight policy rate and as equity markets turn more optimistic over the ongoing US election.
KUALA LUMPUR: With recent quarterly earnings coming in below estimates, Maybank Investment Bank research has maintained its earnings outlook on Frontken Corp Bhd on its view that the current valuations have largely priced in near-term upsides in the semiconductor segment.