Which Malaysian oil and gas counters are seeing gains?

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Malaysian Oil and Gas Counters Showing Gains

Hibiscus Petroleum and Sapura Energy are among the Malaysian oil and gas counters that have experienced gains. Hibiscus Petroleum's share price increased by 3.5 sen to RM1.03, and its warrant also saw a rise of 3.5 sen, reaching 29 sen. Sapura Energy's share price gained 1.5 sen, trading at 29 sen.
Hibiscus Petroleum Share Price Movement

Hibiscus Petroleum, an oil and gas counter, recorded a gain of 3.5 sen, bringing its share price to RM1.03. This increase was observed in mid-morning trading on January 6.
Hibiscus Petroleum Warrant Performance

Alongside its share price, Hibiscus Petroleum's warrant also experienced an upward movement. The warrant gained 3.5 sen, reaching a trading price of 29 sen.
Sapura Energy Share Price Increase

Sapura Energy, another entity within the oil and gas sector, also saw its share price rise. The counter gained 1.5 sen, with its price reaching 29 sen.
Broader Oil and Gas Sector Rally

These gains for Hibiscus Petroleum and Sapura Energy occurred amidst a broader rally in oil and gas counters. This sector-wide increase was attributed to rising global oil prices, which were influenced by volatility in the Middle Eastern region. Benchmark Brent Crude was reported at US$69.93 per barrel at 11:30 am, a near seven per cent increase since an attack in Iraq the preceding Friday.

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Which Malaysian oil and gas counters are seeing gains?

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