The Bursa Malaysia Energy Index rose 5.68% on Tuesday to reach its highest level since March 2021 at 946.95 points, led by gains in Dialog Group Bhd, Bumi Armada Bhd and Dayang Enterprise Holdings Bhd.
Oil and gas stocks were among top actives on improved sentiment after a strong showing in Dialog's earnings on Monday. Dialog, which has the highest weightage of 31.87% in the index, rose 34 sen, or 18.28%, to close at RM2.20 on Tuesday, valuing the group at RM12.42 billion. It was the third most gainer on Bursa Malaysia for the day and the third top active with 92.08 million shares transacted. Year to date, the counter has risen 6.8% or 14 sen.
TheEdge21 Feb, 2024 00:42am - 1 month