Petronas Chemicals rises to record
PETRONAS Chemicals Group Bhd rose to a record after Credit Suisse Group AG said the Malaysian company is a beneficiary of higher oil prices and expects a series of consensus earnings upgrades to boost the share price.
Petronas Gas Bhd's earnings outlook has been revised upwards by a number of research houses after it posted better-than-expected earnings for the nine months ended Dec 31, 2010.