KUALA LUMPUR: Oil and gas (O&G) related counters continued to dominate the list of most active stocks on the local bourse in early trade Wednesday.
Gold and oil prices shot higher after Iran started an attack on a military base in Iraq hosting American troops, escalating tensions in the Middle East, stoking fears of further geopolitical tensions.
Reuters reported that U.S. crude soared 4.42% to US$65.47 a barrel while gold prices surged more than 2% on Wednesday, crossing the key $1,600 mark.
ALAM MARITIM RESOURCES BHD
was the top traded counter, rising one sen to 19 sen with 83 million shares traded. Alam-WA added 15.38%, or one sen to 7.5 sen with 48.9 million shares done.
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