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PETALING JAYA: Petronas Gas Bhd’s (PetGas) earnings are expected to remain resilient this year, underpinned by the group’s business model and long-term contracts that will ensure steady revenue streams.
KUALA LUMPUR: The FBM KLCI gave up early gains to close at the day's low on Friday, while the ringgit climbed marginally against the US dollar.
KUALA LUMPUR: The FBM KLCI partially retraced earlier gains to end slightly higher at midday amid ongoing volatility in plantations stocks following Indonesia's scheduled lifting of its crude palm oil export ban.
Trading ideas: Bintulu Port, TPC Plus, GIIB, Southern Acids, Magnum, Kobay Technology, Tomei Consolidated, Dayang Enterprise, Petronas Gas and Hup Seng Industries
KUALA LUMPUR: Investors could be be keeping a watchful eye on Bintulu Port, TPC Plus, GIIB, Southern Acids, Magnum, Kobay Technology, Tomei Consolidated, Dayang Enterprise, Petronas Gas and Hup Seng Industries following recent corporate announcements, said JF Apex Research.
KUALA LUMPUR: Petronas Gas Bhd (PetGas), which saw its net profit tumbled 20.5% to RM410.58mil in the first quarter ended March 31, has declared a first interim dividend of 16 sen per ordinary share.
KUALA LUMPUR: The FBM KLCI stayed ahead of the 1,550 psychological resistance at midday as Press Metal and other commodity plays lifted the benchmark.
KUALA LUMPUR: Domestic banks helped to lift the overall market on Thursday even as high core inflation data from the US cast a pall over investor sentiment in global equities.
KUALA LUMPUR: The FBM KLCI closed 1% lower on Monday after lingering in negative territory for the entire session on broad-based selling.
KUALA LUMPUR: The FBM KLCI slumped to its lowest in over seven weeks on Friday led by losses at key index-linked stocks including Kuala Lumpur Kepong (KLK), Petronas Dagangan (PetDag) and Press Metal.
KUALA LUMPUR: Investors continued to sell down Bursa Malaysia equities following the plunge on Wall Street overnight.