Lotte Chemical’s woes to continue


Listed at RM6.50 per share in July 2017, the stock is now at RM2.05, down 68% since then.Over the same period, stock market benchmark index, the FBM KLCI has shed around 13%.

Lotte Chemical Titan Holding Bhd’s (LCT) shares are trading at their lowest level since the petrochemical company got listed about two years ago, and if industry outlook reports are anything to go by, it looks like shareholders will have to wait a little longer for some cheer to come by.

Listed at RM6.50 per share in July 2017, the stock is now at RM2.05, down 68% since then.

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