EnQuest shares: Malaysia deal details now in focus for ENQ after Brent-driven rally
EnQuest PLC opened the week with lighter trading, though the stock isn’t frozen. Friday’s close was 23.25p, down 15.1% from the June 12 high at 27.39p, but up from 22.85p at last Wednesday’s end. The London Stock Exchange holds weekday sessions, so Sunday still shows Friday’s close. Volume is the latest number to watch. The Malaysia news week saw 170.8 million shares traded, but last week volume dropped to 25.5 million. The stock edged up 1.8% even as activity dried up. Fewer traders could mean the next move depends less on June’s headline and more on things like deal approvals, oil skimming EnQuest’s hedge floor, or news on pre-emption rights.