KUALA LUMPUR (Feb 17): Shares of UZMA BHD [] climbed in early trade on Friday as investors were upbeat about its outlook after it secured a RM350 million contract from Petronas Carigali Sdn Bhd.
At 9.16am, Uzma was up 12 sen to RM2.02. There were 123,400 shares done.
The FBM KLCI rose 7.93 points to 1,558.42. Turnover was 218.81 million shares done valued at RM106.78 million. There were 283 gainers, 45 losers while 148 stocks were unchanged.
On Thursday, Uzma announced its unit was awarded acontract from Petronas Carigali to provide well testing equipment and services for Petroliam Nasional Bhd’s drilling projects in the west region.
The contract is for five years effective from April 1, 2012 to March 31, 2017.
At 9.16am, Uzma was up 12 sen to RM2.02. There were 123,400 shares done.
The FBM KLCI rose 7.93 points to 1,558.42. Turnover was 218.81 million shares done valued at RM106.78 million. There were 283 gainers, 45 losers while 148 stocks were unchanged.
On Thursday, Uzma announced its unit was awarded acontract from Petronas Carigali to provide well testing equipment and services for Petroliam Nasional Bhd’s drilling projects in the west region.
The contract is for five years effective from April 1, 2012 to March 31, 2017.
