KUALA LUMPUR: JF Apex expects oil and gas counters, UEM Sunrise Bhd. Ni Hsin Resources Bhd, Malaysia Steel Works (KL) Bhd (Masteel), Marine & General Bhd and Petronas Chemicals Group Bhd (PetChem) to be among the stocks to watch on Tuesday.
The research house noted the surge in crude oil prices following a strike on the heart of Saudi Arabia’s oil production increased geopolitical risk concerns. The strike, which removed about 5% of global energy supplies, sent oil prices soaring.
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