Investors may favour oil and gas stocks, given that Brent crude oil remains elevated, says analyst.
KUALA LUMPUR: Bursa Malaysia opened easier in line with regional bourses and Wall Street’s weaker overnight performance, a dealer said.
He noted that investors may favour oil and gas stocks, given that Brent crude oil remained elevated at above US$92 per barrel. Of the actives, Tanco and Ekovest slid 0.5 to 54.5 sen and 57 sen, respectively, and Kinergy fell 1 sen to 33.5 sen, while Icon and DGB rose 0.5 sen each to 11.5 sen and 17.5 sen, respectively.
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