Wednesday 2 November 2011

SapuraCrest climbs on Brazil deal

SapuraCrest Petroleum Bhd, a Malaysian oil and gas services provider, rose the most in a week in Kuala Lumpur trading after it received a contract valued at about US$1.4 billion from Petroleo Brasileiro S.A.

The stock climbed 1.3 percent to RM4.05 at 9:03 a.m. local time, set for its biggest gain since Oct. 27. -- Bloomberg
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