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Subdued but improving oil and gas industry in 2016

2016-12-18 themalaymailonline
The decline in oil prices has forced the government to recalibrate the 2016 Budget. — AFP picKUALA LUMPUR, Dec 18 — The oil and gas industry endured another challenging year in 2016 as the global supply glut continued to haunt the market, pushing global crude oil prices to their lows.

Breakfast briefing: Thursday, November 3

2016-11-03 thestar.com.my
MarketWrap: The S&P 500 ended lower on Wednesday for a seventh straight session, its longest such streak in five years, as the Federal Reserve signalled it could hike interest rates in December and the uncertain US election continued to cloud the market's outlook. - Reuters The DJIA fell 77.46 points, or 0.43%, to close at 17,959.64, the S&P 500 lost 13.78 points, or 0.65%, to finish at 2,097.94 and the Nasdaq dropped 48.

Monies to be returned to Cliq Energy’s shareholders on Nov 14

2016-11-02 thestar.com.my
Cliq had proposed to buy a 51% stake in a special-purpose vehicle that will host Phystech Firm LLP's two onshore Kazakhstan oilfields but the application was returned by the SC due to incomplete information submission. The photo shows Phystech's manifold and testing facility at an oilfield in Kazakhstan.

Reach crosses another hurdle

2016-10-21 thestar.com.my
This file picture taken on 15 August 2014 shows Reach Energy Bhd MD Ir Shahul Hamid Mohd Ismail viewing the board of the stock exchange as the largest oil and gas SPAC Reach Energy Bhd debut on the Bursa Malaysia

Dream within Reach

2016-10-01 thestar.com.my
Shahul: ‘I have been in the industry for more than thirty years. This is not for the glory. Consider this my national service to Malaysia.’

Breakfast briefing: Thursday, September 29

2016-09-29 thestar.com.my
MarketWrap: Wall Street ended higher on Wednesday after an Opec agreement to limit crude output fuelled a rally in oil and more than offset nervousness about a tight race for the US presidency. - Reuters The DJIA rose 0.61% to end at 18,339.24 points, the S&P 500 gained 0.53% to 2,171.37 and the Nasdaq added 0.24% to 5,318.55. Forex summary *The ringgit gained 0.56% to 4.1150 per US$ *It was 0.46% higher at 4.

KLCI struggles to sustain gains as region backpedals

2016-09-28 theedgemarkets
KUALA LUMPUR (Sept 28): The FBM KLCI struggled to sustain its gains in the morning session today, as regional market back-pedalled and local sentiment turned tepid.

KLCI struggles to sustain gains as region back pedals

2016-09-28 theedgemarkets
KUALA LUMPUR (Sept 28): The FBM KLCI struggled to sustain its gains in the morning session today, as regional market back-pedalled and local sentiment turned tepid.

KLCI to face resistance at 1,672, stay under pressure

2016-09-26 theedgemarkets
KUALA LUMPUR (Sept 27): The FBM KLCI is expected to remain under pressure today and face resistance at the 1,672 level in line with the overnight fall at most global markets.

UEM Edgenta, SunCon, Pestech, CLIQ, KNM, Voir and Bina Puri

2016-09-26 theedgemarkets
KUALA LUMPUR (Sept 26): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Tuesday, Sept 27) could include: UEM Edgenta, SunCon, Pestech, CLIQ, KNM, Voir and Bina Puri.

Breakfast briefing: Wednesday, September 21

2016-09-21 thestar.com.my
MarketWrap: Wall Street ended little-changed on Tuesday as healthcare gains countered declines in energy shares, a day before highly anticipated outcomes of monetary policy meetings in the United States and Japan. - Reuters The DJIA rose 9.79 points, or 0.05%, to 18,129.96, the S&P 500 gained 0.64 points, or 0.03%, to 2,139.76 and the Nasdaq added 6.33 points, or 0.12%, to 5,241.35. Forex summary *The ringgit gained 0.

KLCI to continue trading range bound, resistance seen at 1,668

2016-09-21 theedgemarkets
KUALA LUMPUR (Sept 21): The FBM KLCI is expected to continue trading range bound today with resistance seen at 1,668 points, in line with the flat global markets.

Press Metal, Dagang NeXchange, KESM, CLIQ and Ekovest

2016-09-20 theedgemarkets
KUALA LUMPUR (Sept 20): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Sept 21) could include: Press Metal, Dagang NeXchange, KESM, CLIQ and Ekovest.