PETALING JAYA: Construction counters took a dip even as prospects of the sector looked positive following the revival of the East Coast Rail Link (ECRL) project.

Traders took profit from the shares which have rallied since the past week leading up to the confirmation of the mega project’s comeback last Friday.

Investors are also believed to be holding on to their stocks, hoping for more positive news such as the resumption of other mega projects such as MRT3 and the High Speed Rail (HSR).

Among key potential beneficiaries of ECRL, IJM Corporation Bhd closed 2.22% lower at RM2.20, while HSS Engineers Bhd went down 4.2% to RM1.14.

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