Wednesday 24 Apr 2024
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KUALA LUMPUR (Nov 12): Bursa Malaysia Bhd shares fell 3.2 percent, more than any full-day drop since May 23, as Malaysia's benchmark index declined.

Market Metrics

* Shares declined to RM7.16, lower than any close since May 7, from RM7.40 in the previous session.

* Trading volume was about triple the 20-day average for this time of day.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.5 percent, and the MSCI AC Asia Pacific Index fell 0.4 percent.

Market Insights

* In the past year, the stock had a similar or greater loss once at the close.

* Shares are at a 6.9 percent discount to the analysts' consensus target price. The stock traded at an average 1.2 percent discount over the past year.

* Stock advanced 8.7 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 2.4 percent.

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