Higher oil prices power Petronas-linked stocks


KUALA LUMPUR: Higher crude oil prices gave Petronas-linked stocks a boost in early Thursday trade and nudged the FBM KLCI higher while consumer stocks also advanced.

At 9.27am, the KLCI was up five points or 0.32% to 1,582.82. Turnover was 1.07 billion shares valued at RM501.11mil. There were 360 gainers, 276 losers and 323 counters unchanged.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

   

Next In Business News

China revises PV industry standards
ACE Market-bound Winstar Capital targets RM19.79mil from IPO
Pharmaniaga anticipates further growth for concession segment
Maybank records higher net profit of RM2.54bil in 3Q
E&O expects sales momentum to continue
Matrix Concepts registers new sales of RM341.7mil in 2Q
KLCI gets big lift from IHH, PetDag
Companies that might be affected by Trump's promised tariffs
PETRONAS Dagangan share price surges on strong 3Q net profit
Ringgit opens lower against US$ as DXY rebounds

Others Also Read