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Markets

Malaysia's Petronas posts $2bn quarterly loss amid global oil slump

Published February 27, 2015 Updated February 27, 2015 10:25am

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By Nasir Ahmed

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KUALA LUMPUR: Petroliam Nasional Bhd, Malaysia's state oil company more commonly know as Petronas, reported a quarterly net loss on Friday versus a profit in the year-ago quarter, hit by a drop in oil prices and an impairment charge.

The state-owned firm posted a net loss of 7.3 billion ringgit ($2.03 billion) in October-December 2014 compared to a profit of 12.8 billion ringgit in the same period in 2013, Petronas said in a statement.

Unlisted Petronas is Malaysia's only Fortune 500 Company and accounts for most of the government's oil and gas revenue.

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Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	163.14
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 21	7,509.20
India Sensex / Jul 21	77,470.11
Nasdaq / Jul 21	25,837.21
FTSE 100 / Jul 21	10,585.91
Dow Jones / Jul 21	52,224.64
Germany DAX 30 / Jul 21	25,011.35
France CAC40 / Jul 21	8,363.14
Tokyo Nikkei / Jul 22	67,511.12
Hang Seng / Jul 22	24,903.04

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Crude Oil USD/Barrel / Jul 21	85.03
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,114.26
Cotton US¢/pound / Jul 21	80.06
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

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