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KUALA LUMPUR: Bursa Malaysia has reversed some of its losses but remained in the red at closing, mirroring the performance on Key Asian markets.
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.
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.
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.
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.
KUALA LUMPUR: Petronas Chemicals underpinned the FBM KLCI’s rebound early Wednesday after its strong fourth quarter earnings and also firm crude oil prices.
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.