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PETALING JAYA: The recent plunge in global crude oil price could lead to consolidation of the local oil and gas (O&G) players.
WHILE global markets are still reeling from the spread of the novel coronavirus (Covid-19), the collapse in the oil price was like a kick in the teeth for Malaysia and the world.
Significant debt reduction and better fleet utilisation are part of firm’s recovery story
IT IS a known fact that there is a lack of interest in Malaysian stocks.
KUALA LUMPUR: Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc's warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus.
KUALA LUMPUR: A warning from Apple Inc overnight that it would not meet its revenue target for the first quarter owing to slowed production and demand in China sent global equities lower as investors fretted over the impact of the Covid-19 outbreak.
KUALA LUMPUR: Shares in Icon Offshore Bhd continued to attract strong trading interest on Tuesday after Bursa Malaysia lifted its designated securities status on the counter.
KUALA LUMPUR: Bursa Malaysia and key Asian markets slipped early Tuesday after the world’s most valuable company issued a caution that it would not meet its revenue guidance due to the impact from the Covid-19 coronavirus.
KUALA LUMPUR: Petra Energy Bhd, Luxchem Corp Bhd, Scomi Energy Services Bhd, Eversendai Corp Bhd, Icon Offshore and Malayan United Industries Bhd (MUI) are among the stocks to watch on Tuesday, according to JF Apex Research.