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Global Energy Roundup: Market Talk

The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.

0552 GMT - PTT Global Chemical's 2023 earnings growth could remain muted in 2023, due to the economic slowdown and inflation concerns in Europe, say Nomura analysts Ahmad Maghfur Usman and Bineet Banka in a note. They reckon that the Thai petrochemical company's strong ethane intake could cushion the impact of a weaker performance chemicals segment. On the bright side, PTT Global's new projects appear to be on track, they add. Nomura lowers the stock's target price to THB55.00 from THB63.00 and maintains a buy rating. Shares are unchanged at THB44.00. (

(END) Dow Jones Newswires

March 21, 2023 01:52 ET (05:52 GMT)

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