KUALA LUMPUR (August 1): Globetronics Technology Bhd shares rose 5.6 percent, while Malaysia's benchmark index declined.

Market Metrics

* Shares advanced to RM2.64, higher than any close since Feb 28, from RM2.50 in the previous session.

* Trading volume was more than 20 times the 20-day average. 

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.2 percent, and the MSCI AC Asia Pacific Index rose 0.2 percent.

Market Insights

* In the past year, the stock had a similar or greater gain six times at the close; it advanced in the next trading session three times (2.3 percent, on average) and declined three times (2.4 percent, on average).

* Shares are at a 5.1 percent premium to the analysts' consensus target price. The stock traded at an average 12 percent discount over the past year.

* Stock declined 5.3 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 1.4 percent.