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Petronas May Lose Part of Revenue to Petros, Capex May Be Hit — RHB IB
Malaysia’s national oil-and-gas company Petroliam Nasional Bhd, or Petronas, may lose a portion of revenue following the appointment of Petroleum Sarawak Bhd (Petros) as a sole gas aggregator in Sarawak, said RHB Investment Bank (RHB IB).
Malaysia Closing Bell on 19 July | SDG Was the Top Gainer of FBM KLCI
SDG was the top gainer, rising 4.65 percent to close at RM 4.500. The top loser was PETGAS, losing 1.73 percent to end at RM 18.200.
Malaysia Closing Bell on 18 July | PPB Was the Top Gainer of FBM KLCI
PPB was the top gainer, rising 2.46 percent to close at RM15.000. The top loser was PMETAL, losing 8.18 percent to end at RM 5.500.
Malaysia's Benchmark KLCI Likely to Test 1730 by End-2024
Malaysia's benchmark Kuala Lumpur Composite Index is likely to hit 1730 by end-2024, up from 1660 previously expected, supported by a P/E ratio of 16.5 times and projected earnings growth of 16%, says Kenny Yee, Rakuten Trade's head of research.
Malaysia Closing Bell on 16 July | MRDIY Was the Top Gainer of FBM KLCI
MRDIY was the top gainer, rising 5.61 percent to close at RM 2.070. The top loser was SIME, losing 3.25 percent to end at RM 2.680.
Malaysia Closing Bell on 12 July | SIME Was the Top Gainer of FBM KLCI
SIME was the top gainer, rising 1.48 percent to close at RM 2.750. The top loser was YTLPOWR, losing 3.88 percent to end at RM 4.950.
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