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ON Thursday afternoon, an interesting development took place that saw investors quickly rushing into oil and gas (O&G) stocks on Bursa Malaysia.
KUALA LUMPUR: Oil and gas (O&G) related counters dominated the list of most active stocks on the local bourse today.
KUALA LUMPUR: Bursa Malaysia edged higher on Friday as growing hopes that a deal would be struck between major oil producers Saudi Arabia and Russia boosted sentiment for equities.
KUALA LUMPUR: Sapura Energy Bhd saw its shares rose over 6% in early trade after the company said it is currently in discussion with banks to refinance borrowings.
KUALA LUMPUR: Losses on Bursa Malaysia proved slight in early Thursday trading as the negative mood over the accelerating pandemic in the US sent global equities lower.
KUALA LUMPUR: Stocks to watch on Thursday include Wong Engineering Corporation Bhd, Yinson Holdings Bhd, Keck Seng (M) Bhd, Genting Bhd and Landmarks Bhd, according to JF Apex Research.
PETALING JAYA: The plunge in global crude oil price could see Sapura Energy Bhd make a one-off non-core asset provision, according to AmInvestment Research
KUALA LUMPUR: Investors took some profit from Malaysian equities following yesterday's advance, taking the FBM KLCI lower amid mixed results in Asian markets.
KUALA LUMPUR: Bursa Malaysia tracked global sentiment lower as Wall Street wrapped up its worst first quarter on record.
KUALA LUMPUR: Investor sentiment continued to pick up over the course of Friday's early session ahead of the government's plans to announce a second stimulus package to mitigate the damage to the economy.