FBM KLCI pares losses but still in red

KUALA LUMPUR: Bursa Malaysia has reversed some of its losses but remained in the red at closing, mirroring the performance on Key Asian markets.

Petronas records net profit of RM10.5b for FY20 excluding impairments

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) recorded profit after tax (PAT) of RM10.5bil for FY2020, excluding impairments, which was 78% lower compared to RM48.8bil in FY19.

Bursa tracks global equities sell-off as surging bond yields trigger panic

KUALA LUMPUR: Despite signs that bullish sentiment had returned to the market following yesterday's strong rebound, Bursa Malaysia found itself once again in the red as a sharp-sell-off in global equities weighed on prices.

New environmental issues in the new norm, says PM at Hibiscus Awards

Banks, commodity plays shore up KLCI

KUALA LUMPUR: The FBM KLCI tracked global equities higher on Thursday as US Fed chairman Jerome Powell reaffirmed low interest rates for the long-term.

Petronas makes gas discovery 90km off Sarawak

Needs based policies promulgated but government itself not on same page

From JOHNNY YUEN

Petronas finds gas 90km off Sarawak

KUALA LUMPUR: Petroliam Nasional Bhd found a gas from the Dokong-1 wildcat exploration well in Block SK417 production sharing contract (PSC), located in the shallow waters of Baram Province.

Petronas Chemicals leads KLCI’s rebound

KUALA LUMPUR: Petronas Chemicals underpinned the FBM KLCI’s rebound early Wednesday after its strong fourth quarter earnings and also firm crude oil prices.

Trading ideas: Nestle, PetChem, IOI Corp, SunCon, AT Systematization

KUALA LUMPUR: Stocks to watch on Wednesday include Nestle (M) Bhd, Petronas Chemicals Group Bhd, IOI Corp Bhd, Leong Hup International Bhd, Sunway Construction Group Bhd and AT Systematization Bhd, according to JF Apex Research.