Page 4 - Favelle Favco Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

THE gradual rise in oil prices has boosted the share prices of oil & gas (O&G) stocks of late as the market looks forward to the recovery theme. Notably, since early November, the FBM Energy Index has risen 45%.
Most O&G stocks delivered positive returns during this period, except for Dialog Bhd (-3.5%), Favelle Favco Bhd (-3.9%) and Ocean Vantage Holdings Bhd (-2%). Refiners such as Hengyuan Refinery Company Bhd and Petron Malaysia Refining & Marketing Bhd were among the top gainers, surging 144.9% and 96.7% respectively.
That said, analysts are of the view that the upside for O&G stocks is limited at this juncture, unless the oil prices climb further. ....

Petroliam Nasional Bhd Petronas , Jin Wu , Serba Dinamik , Uzma Bhd , Kylie Chan , Favelle Favco Bhd , Serba Dinamik Holdings Bhd , Engineering Holdings Bhd , Hibiscus Petroleum Bhd , Fitch Ratings , Short Term Energy Outlook , Kenanga Research , Hengyuan Refinery Company Bhd , Energy Index , Dayang Enterprise Holdings Bhd , Us Energy Information Administration , Ocean Vantage Holdings Bhd , Velesto Energy Bhd , Dialog Bhd , Petron Malaysia Refining , Marketing Bhd , Information Administration , Petroliam Nasional Bhd , Petronas Chemicals Bhd , Malaysia Marine , Heavy Engineering Holdings ,