KUALA LUMPUR: Shares of TENAGA NASIONAL BHD [] advanced in late morning trade on Thursday, Dec 9 on reports the Cabinet had agreed in agreed in principle to a revision of electricity tariff but the implementation date has not been decided yet.
At 11.40am, Tenaga was up 23 sen to RM8.81 with 712,000 shares done.
The FBM KLCI rose 5.07 points to 1,515.13. Turnover was 637 million shares valued at RM963 million. Advancers beat decliners 317 to 258 while 279 counters were unchanged.
On Wednesday, Energy, Green TECHNOLOGY [] and Water Minister Datuk Seri Peter Chin Fah Kui was reported as saying an electricty tariff revision was on the cards but the government had not decided the date.
He said there were many issues that the Government needed to address before a time could be set for the revision.
At 11.40am, Tenaga was up 23 sen to RM8.81 with 712,000 shares done.
The FBM KLCI rose 5.07 points to 1,515.13. Turnover was 637 million shares valued at RM963 million. Advancers beat decliners 317 to 258 while 279 counters were unchanged.
On Wednesday, Energy, Green TECHNOLOGY [] and Water Minister Datuk Seri Peter Chin Fah Kui was reported as saying an electricty tariff revision was on the cards but the government had not decided the date.
He said there were many issues that the Government needed to address before a time could be set for the revision.
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