Ripe pickings in oil plunge panic?

By Khairie Hisyam

Oil plunge Panic Issue inside story banner

As global oil prices plunged, so did valuations on Bursa Malaysia, with double-digit billions wiped out in a matter of months. In the first of a two-part series, KiniBiz takes a closer look on what led to the rout. As panic selling wipes billions off oil and gas counters’ market capitalisation, values are emerging, say analysts. In our second part, we look at how an investor is to find his way through the frenzy.

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