Stock Name: TENAGA
Company Name: TENAGA NASIONAL BHD
Tenaga Nasional Bhd, Malaysia's largest power producer, fell the most in three weeks after Kenanga Investment Bank Bhd said the utility may report a quarterly loss this week.
The stock dropped 0.7 per cent to RM6.69 at 9:56 a.m. local time in Kuala Lumpur trading, set for its biggest decline since June 27.
The share price estimate was cut to RM7.93 from RM8.06, Kenanga said in a report today. -- Bloomberg
Company Name: TENAGA NASIONAL BHD
| Research House: KENANGA | Price Call: BUY | Target Price: 7.93 |
Tenaga Nasional Bhd, Malaysia's largest power producer, fell the most in three weeks after Kenanga Investment Bank Bhd said the utility may report a quarterly loss this week.
The stock dropped 0.7 per cent to RM6.69 at 9:56 a.m. local time in Kuala Lumpur trading, set for its biggest decline since June 27.
The share price estimate was cut to RM7.93 from RM8.06, Kenanga said in a report today. -- Bloomberg
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