Keppel, Sembcorp Rallies Seen Ending as Oil-Rig Orders DropBy and
Baring Asset, Henderson Global not buying the two stocks
Oil-rig makers remain at risk of client spending cuts
The world’s two biggest builders of oil rigs saw their stocks rise the most in more than two years last month as crude rebounded. Investors looking for more gains shouldn’t get their hopes up just yet, Baring Asset Management and Henderson Global Investors say.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.