DNeX shares rise 3.6% on securing UK’s North Sea licenses

KUALA LUMPUR: Dagang Nexchange Bhd’s (DNeX) shares were trading higher in early trade after its associate company, Ping Petroleum Ltd received two licences in UK’s North Sea.

DNeX gained 3.66%, or 1.5 sen to 42.5 sen with 9.2 million shares traded. DNeX-WD rose 7.14%, or one sen to 15 sen with 11.7 million shares done.

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