Tenaga slumps to 6 month low, weighs on KLCI

KUALA LUMPUR: Power giant Tenaga Nasional fell to a six month low at midday on Thursday and dragged the FMB KLCI into the red while plantations lost ground as crude palm oil prices for third month delivery fell below the RM3,000 level.

At midday, the KLCI was down 5.49 points or 0.35% to 1,579.65. Turnover was 1.51 billion shares valued at RM814.23mil. Decliners led advanceds 437 to 250 while 366 counters were unchanged.