Monday 16 January 2012

Tenaga drops on RHB rating

Tenaga Nasional Bhd, Malaysia’s biggest power producer, dropped the most in more than a month in Kuala Lumpur trading after the stock was downgraded at RHB Capital Bhd on its recent share-price increase and expectations of a first-quarter loss.

Its shares declined 2.3 per cent to RM6.09 at 11:39 a.m. local time, set for their largest loss since Dec 7. -- Bloomberg



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