Tenaga Nasional rallied on the latest development following 1Malaysia Development Bhd
KUALA LUMPUR: Malaysia’s blue chips extended their gains for the second day, with the FBM KLCI outperforming the key Asian markets, as Tenaga Nasional rallied on the latest development following 1Malaysia Development Bhd’s (1MDB) sale of its power assets to China Nuclear Power Corp for RM9.83bil.
Among the banks, Maybank and RHB Cap rose one sen each to RM8.41 and RM5.63, AmBank fell seven sen to RM4.52, Public Bank fell four sen to RM18.18, CIMB two sen to RM4.58 and Hong Leong Bank 10 sen to RM13.62.
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