KUALA LUMPUR (Dec 11): Hong Leong Bank Bhd shares fell 1.8 percent, more than any full-day drop since July 19 and almost quadruple Malaysia's benchmark index.

Market Metrics

* Shares declined to RM19.94, lower than any close since Aug 27, from RM20.30 in the previous session.

* Trading volume was 25 percent more than the 20-day average.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.5 percent, and the MSCI AC Asia Pacific Index fell 0.3 percent.

* The relative strength index on the stock was below 30, indicating it may be oversold.

Market Insights

* In the past year, the stock had a similar or greater loss 12 times at the close; it advanced in the next trading session six times (1.8 percent, on average).

* Shares are at a 0.2 percent discount to the analysts' consensus target price. The stock traded at an average 1.9 percent premium over the past year.

* Stock advanced 22 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 3.7 percent.