KUALA LUMPUR (Sept 14): IJM Corp Bhd shares rose 6.3 percent, more than any full-day gain since July 19, as Malaysia's benchmark index advanced.
Market Metrics
* Shares advanced to RM1.86 from RM1.75 in the previous session.
* Trading volume was 40 percent more than the 20-day.
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.6 percent, and the MSCI AC Asia Pacific Index rose 1.2 percent.
Market Insights
* In the past year, the stock had a similar or greater gain four times at the close. It declined after all four occasions.
* Shares are at a 14 percent discount to the analysts' consensus target price. The stock traded at an average 21 percent discount over the past year.
* Stock declined 44 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 1.2 percent.