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Hengyuan dips on profit taking

Mimi Sabreena 4:00:00 PM Informasi

KUALA LUMPUR (Dec 29): Hengyuan Refining Co Bhd dipped as much as RM2.02 or 11% after analysts said investors were expected to take profit following the crude oil refiner's share price rise above RM19 today.

Hengyuan shares hit their lowest so far today at RM15.94 after reaching their highest at RM19.20. At 3:28pm, the counter was transacted at RM16.80 with some nine million shares traded.

Hengyuan was Bursa Malaysia's top decliner after rising earlier today to become the largest gainer.

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