TNB, YTL Power spur market rally

TheStar Fri, May 03, 2024 05:19pm - 2 weeks View Original


KUALA LUMPUR: Tenaga Nasional Bhd (TNB), YTL Power International Bhd and YTL Corp Bhd underpinned the FBM KLCI firm performance on Friday.

The benchmark index closed up 9.29 points, or 0.59% at 1,589.59 after hitting an intraday high of 1,590.56. For the week, the index gained 0.92%.

Stocks that rose outnumbered those that fell 644 to 417, with another 496 counters unchanged. A total of 3.9 billion shares changed hands, worth RM3.15bil million in all.

According to data on Bursa Malaysia, foreign investors and retailers were net buyers on the market to the tune of RM43mil and RM18mil respectively on Thursday. Local institutions were net sellers at RM61mil.

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