Monday 31 October 2011

Tenaga slides on quarterly loss

Tenaga Nasional Bhd, Malaysia’s biggest power producer, fell the most in almost two weeks after it posted a second straight quarter of losses as higher fuel costs eroded margins.

The stock slid 1.9 percent to RM5.75 at 9:01 a.m. local time in Kuala Lumpur, set for its steepest drop since Oct. 18. -- Bloomberg
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