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Short-term blip for stocks

PETALING JAYA: Knee-jerk selling over lockdown fears dragged down the FBM KLCI by almost 11 points and pushed 843 stocks into the red, but this did not come as a surprise for many investors.
After several rounds of movement control orders (MCO) since last year, the market seems to have learnt to predict and accept, to an extent, the effects of the restrictions on the economy and business activities.
Analysts said the stock market weakness should likely be short term in nature and encouraged investors to buy on the dip.
The focus remains on stocks related to the recovery play and those that are least affected by the lockdown. ....

Malaysia General , Kay Hian Malaysia Research , Affin Hwang Capital Research , Hwang Capital Research , Hian Malaysia Research , Fbm Klci , மலேசியா ஜநரல் , ஆயின் ஹ்வ்யாஂக் மூலதனம் ஆராய்ச்சி , ஹ்வ்யாஂக் மூலதனம் ஆராய்ச்சி ,

O&G to make gradual recovery

PETALING JAYA: It has been a rough, bumpy ride for the oil and gas (O&G) industry and the situation will likely drag on into 2021, amid signs of green shoots.
This will be the case at least for the first half of the year, before the bulls pay the sector a visit in the second half.
The spread of the new Covid-19 strain and renewed lockdowns in various parts of the world have put a damper on the global economic recovery and the effects were expected to spill over to the first half of 2021 before inoculation becomes widely available.
Brent crude oil has rebounded above the US$50 per barrel mark and it is projected to trade within this range in 2021 as analysts remain cautiously optimistic on the sector’s outlook. ....

Saudi Arabia , United States , Malaysia General , Steven Chan , Noor Athila Mohd Razali , Noor Athila , Petroliam Nasional Bhd Petronas , Joe Biden , International Energy Agency , Public Investment Bank Research , Kenanga Research , Affin Hwang Capital Research , United State Energy Information Administration , West Texas , Petroliam Nasional Bhd , Investment Bank Research , President Elect Joe Biden , O Amp G , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , மலேசியா ஜநரல் , ஸ்டீவன் சான் , பெட்ரோலியம் நேஷனல் ப்ட் பெட்ரோனாக்கள் , ஓஹோ பிடென் , பொது முதலீடு வங்கி ஆராய்ச்சி , கெனாங்க ஆராய்ச்சி ,