Mideast tensions fuel rally of Malaysian energy stocks, analysts see more opportunities

Among energy-related stocks, the top movers comprise petroleum refiner Hengyuan Refining Co Bhd (KL:HENGYUAN), whose shares jumped 17.45% or 41 sen to RM2.76, and upstream services firm Dayang Enterprise Holdings Bhd (KL:DAYANG), whose shares were up 7.17% or 16 sen to RM2.450.

Independent O&G producer Hibiscus Petroleum Bhd (KL:HIBISCS) rose as much as 7.31% or 16 sen to RM2.35, while storage tank operator Dialog Group Bhd (KL:DIALOG) climbed 4.21% or nine sen to RM2.23. Upstream floating asset operator Yinson Holdings Bhd's (KL:YINSON) shares rose 3.02% or eight sen to RM2.73.