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Tenaga Nasional Berhad (OTCMKTS:TNABY) Shares Gap Up - Should You Buy?

Tenaga Nasional Berhad logo with Utilities background

Key Points

  • Tenaga Nasional Berhad's share price experienced a significant increase, gapping up from a previous close of $11.76 to open at $12.51.
  • The company reported that its shares are trading up 6.4%, with a trading volume of 705 shares.
  • Tenaga Nasional Berhad operates in the generation, transmission, distribution, and sale of electricity, with a focus on Malaysia and international connections, including systems linked to Thailand and Singapore.
  • Interested in Tenaga Nasional Berhad? Here are five stocks we like better.

Tenaga Nasional Berhad (OTCMKTS:TNABY - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $11.76, but opened at $12.51. Tenaga Nasional Berhad shares last traded at $12.51, with a volume of 705 shares traded.

Tenaga Nasional Berhad Trading Up 6.4%

The business has a fifty day moving average price of $12.88 and a 200 day moving average price of $13.09.

Tenaga Nasional Berhad Company Profile

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Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko.

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