PetChem shares dip 3.2% following downgrade
KUALA LUMPUR (Oct 4): Shares in Petronas Chemicals Group Bhd (PetChem) fell as much as 24 sen or 3.2% to RM7.23 this morning. The counter was the third largest decliner by percentage among the KLCI constituents.
At 10.45am, the stock was traded at RM7.30 — still down 17 sen or 2.3% — with a total of 1.09 million shares done. At its current price, PetChem is valued at RM59.76 billion.……
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