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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Tenaga , plantation , Takaful

Next In Business News

BPMB provides RM97.63mil financing facility to Johor's Coronade Properties
GDB announces board realignment to head expansion into East Malaysia
Velesto divests NAGA 3 jack-up drilling rig for RM258mil
Bursa Malaysia closes higher for fourth consecutive session
PTT Synergy accepts RM35.88mil construction job from Sime Darby Property
Carimin Petroleum unit bags RM33.98mil PETRONAS Gas contract
Malaysia's non-life insurance segment outlook remains stable - AM Best
Palm oil industry to remain stable in 2026, focusing on R&D, yield improvement - Johari
DNeX to be included in F4GBM, F4GBMS indices from Dec 22
Malakoff says operations at Tanjung Bin unaffected after accident

Others Also Read