Wednesday, 3 February 2016

Shell Refining shares hit limit down early Wednesday

Shares of Shell Refining Company (Federation of Malaya) Bhd (SRC) hit limit-down early Wednesday as investors were unhappy about the low price of RM1.80 a share its parent was selling the 51% stake at.

At 9.01am, it was down 29.9% or RM1.46  to RM3.48 with 227,100 shares done.

The FBM KLCI fell 19.77 points or RM1.46. Turnover was 51 million shares valued at RM17.11mil. There were 52 gainers, 142 losers and 105 counters unchanged.

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