PETALING JAYA: Shares in Tenaga Nasional Bhd
(TNB) led gainers on Bursa Malaysia yesterday after trading resumed following a one-day halt for an announcement by the national utility. This was following the Government approval on Wednesday for an increase in electricity tariff a second time in two years.
“The tariff hike had come a year earlier than we had expected. The 25% average tariff hike was substantial,'' CIMB Research said in an update yesterday.
