Oil and gas plays jump into focus

Published February 1, 2006

Midday Market Report


By R SIVANITHY

SINGAPORE - Oil and gas stocks such as Federal International and KS Energy were the main plays this morning following news that Pearl Energy is a takeover target. Semiconductor counters and China stocks were also active. Thanks to gain in the banks and Keppel Corp, the Straits Times Index gained 13.91 points at 2,425.99. -- BT