Murphy Oil Corporation shares rise 1.22% intraday after positive market sentiment.

Murphy Oil Corporation rose 1.22% intraday. The company's stock price increase may be attributed to the appointment of Daniel Gamba as Chief Commercial Officer at Franklin Resources, Inc., which could potentially impact the market sentiment positively. Additionally, JP Morgan's raised target price for Oracle Corp. to USD 210 from USD 185, while maintaining a Neutral rating, may have influenced the broader market sentiment positively.