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NEW YORK: U.S. stock markets closed higher after a mixed trading session as investors digested negative economic data reflecting the country's struggle to move past the COVID-19 pandemic, while yields on safe-haven assets such as U.S. Treasuries slipped.
KUALA LUMPUR: The outlook for Favelle Favco Bhd appears positive, as its recent contract wins signal a recovery for the oil and gas sector.
KUALA LUMPUR: AmInvestment Research believes that Sapura Energy Bhd’s outstanding order book can increase by 10% to RM13bil based on the group’s bids of RM53bil currently.
KUALA LUMPUR: The FBM KLCI ended at an intra-day high on Thursday, in line with the performance of its regional peers.
SINGAPORE: Oil prices slipped on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten demand, but prices held on to most of their gains from the previous session on expectations that supplies will remain tight through year-end.
KUALA LUMPUR: AmInvestment Research estimates Sapura Energy group’s outstanding order book could increase by 10% to RM13bil based on the group’s bids of RM53bil currently.
KUALA LUMPUR: Blue chips rose in early Thursday trade as risk appetite perked up a bit with Petronas Dagangan, KL Kepong and HLFG underpinning the FBM KLCI’s advance.
KUALA LUMPUR: MIDF Research has reiterated its positive view on Favelle Favco Bhd as its recent contract wins signal a recovery for the oil and gas sector.