Bursa Malaysia Stock Watch

SapuraCrest, Kencana lead O rally

kltrader
Publish date: Mon, 14 Feb 2011, 05:24 PM
kltrader
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SapuraCrest Petroleum Bhd led Malaysian oil and gas services higher in Kuala Lumpur trading after Petroliam Nasional Bhd said it made major oil and gas (OandG) discoveries off the coast of Sarawak state.

Shares of SapuraCrest climbed 4.1 per cent to RM3.54 at 4.29 pm local time, set for its steepest gain since January 27.

Kencana Petroleum Bhd added 2.4 per cent to RM2.54 and Malaysia Marine and Heavy Engineering Bhd. climbed 1.6 per cent to RM6.22. - Bloomberg
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