AirAsia, Capital A Among Top Active Counters As Oil Prices Ease

KUALA LUMPUR, Nov 5 (Bernama) -- Shares of AirAsia Group Bhd and Capital A Bhd were among the most actively traded counters in early morning trade on Thursday, with both stocks gaining ground amid easing crude oil prices.

As at 10.07 am, AirAsia surged 10 sen, or 21.97 per cent, to 55 sen, with 47.96 million shares traded, while Capital A climbed four sen, or 17.39 per cent, to 27 sen, with 27.30 million shares changing hands.

At the time of writing, Brent crude weakened by 0.73 per cent to US$93.93 per barrel, while WTI crude fell 0.91 per cent to US$87.32 per barrel.

It was reported that oil prices fell as investors assessed whether a Democratic sweep in the United States midterm elections could accelerate efforts to end the war with Iran.

-- BERNAMA