🟢 Velesto Energy is trading 6.52% up today despite weaker second-quarter results

Velesto Energy is trading at MYR 0.24, up +6.52%, with no verified September 2, 2026 company-specific catalyst explaining the gain.

• Recent second-quarter results showed net profit falling to RM531,000 from RM50.44 million, while utilisation and charter rates weakened.
• The earnings release does not clearly explain today’s positive move; broader market context was also broadly neutral.