Energy stocks rise as Brent rallies past US$80 a barrel


KUALA LUMPUR: The FBM KLCI bounced into positive territory at midday as Petronas Chemicals led a rally in the oil and gas sector amid a jump in Brent crude prices.

Other heavyweights on the blue-chip index pared losses and advanced as investors digested the details of the 12th Malaysia Plan announced yesterday, even as optimism over the subsiding number of Covid-19 infections boosted hopes of a recovery.

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Bursa Malaysia , FBM KLCI , equities

   

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