AmInvest Research retains overweight on oil and gas stocks

KUALA LUMPUR: AmInvestment Research is maintaining its overweight call on the oil and gas sector with eight buy calls and one hold following the release of their corporate results recently.

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.

Oil price surge lifts investor sentiment on Bursa

KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday following the sell-off in the previous session as equities were buoyed by the surge in crude oil prices on ongoing supply disruptions and a stronger demand outlook.

Trading ideas: Tiong Nam, Karex, KPower, IOI Properties, Pos, PetGas

KUALA LUMPUR: Stocks to watch on Tuesday include Tiong Nam Logistics Holdings Bhd, Karex Bhd, KPower Bhd, IOI Properties Group Bhd, Pos Malaysia Bhd and Petronas Gas Bhd, according to JF Apex Research.

PetGas earnings to stay resilient

KUALA LUMPUR: Petronas Gas Bhd's earning resiliency will continue over the next two years until the Regulatory Period 1 ends in 2022, says Kenanga Research.

PetGas to construct new pipeline

KUALA LUMPUR: Petronas Gas Bhd (PetGas) will be constructing and installing a 42-km long gas pipeline costing RM541mil which links from its existing Peninsular Gas Utilisation (PGU) II to a power plant in Pulau Indah, Selangor.

PetGas posts net profit of RM503.35mil

KUALA LUMPUR: Petronas Gas Bhd posted an improved net profit of RM503.35mil in the fourth quarter ended Dec 31,2020,3.7% higher than RM485.27mil in the previous corresponding quarter.

Petronas Gas to construct 42km gas pipeline costing RM541m

KUALA LUMPUR: Petronas Gas Bhd will be constructing and installing a 42-km long gas pipeline costing RM541mil which link from its existing Peninsular Gas Utilisation (PGU) II to a power plant in Pulau Indah, Selangor.

PetGas post net profit of RM503.35mil, div of 27 sen/share

KUALA LUMPUR: Petronas Gas Bhd posted an improved net profit of RM503.35mil in the fourth quarter ended Dec 31, 2020, 3.7% higher than RM485.27mil in the previous corresponding quarter.