News Formal

Focus may return to O&G stocks, says analyst

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Benchmark index expected to hover within the 1,450-1,460 range today.

KUALA LUMPUR: Bursa Malaysia trended positive in the early morning session today as investors reacted strongly to a slew of US economic data.

He said sentiments should also be boosted by China’s move to cut its reserve requirement ratio by 25 basis points, injecting around US$69 billion to aid its recovery. “Investors’ focus may return to oil and gas stocks as the oil benchmark Brent crude surged past US$93 per barrel in view of the supply shortfall,” he told Bernama.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forget about merger, focus on traffic woes, leaders toldPETALING JAYA: There is no need to talk about returning Kuala Lumpur to Selangor, as the federal capital is already well-known all over the world, say members of the business community.
Source: staronline - 🏆 4. / 75 Read more »