KUALA LUMPUR: Bursa Malaysia joined other key Asian markets to close on a firm note on Tuesday with funds seen buying Tenaga Nasional, Maxis and Public Bank.At 5pm, the FBM KLCI was up 13.22 points or 0.83% to 1,614.57 – the day's high. Turnover improved to 2.4 billion shares valued at RM4.52bil, the highest in recent weeks and reflecting the higher quality of buying.The broader market was firmer with 427 gainers, 395 losers and 348 counters unchanged.Power giant Tenaga rose 30 sen to RM11.66 and added 2.98 points to the KLCI. Revenue increased by 6.3% to RM9.12bil from RM8.57bil a year ago.However, Hong Leong Bank Bhd fell 32 sen to RM18.94 and erased 1.2 points. Its net profit fell by 8.1% to RM633.89mil from RM690.03mil a year ago due to lower net income but mitigated by lower operating expenses, lower allowance for impairments and higher share of profit from associated company. Its revenue fell by 7.1% to RM1.166bil from RM1.256bil.Petronas Chemical fell eight sen to RM8.51 and erased 1.12 points but Petronas Gas added eight sen to RM16.34 and Petronas Dagangan 12 sen to RM24.72.

Source: The Star May 28, 2019 09:22 UTC