KUALA LUMPUR (May 4): Malaysia Airports Holdings Bhd shares fell 2.4 percent, more than any full-day drop since Feb. 13.

Market Metrics

* Shares declined to RM8.70, the lowest level since March 5, from RM8.91 in the previous session.

* Trading volume was more than seven times the 20-day average for this time of day.

* Move compares with the less than 0.1 percent change in the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index and the 0.1 percent fall in the MSCI AC Asia Pacific Index.

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Market Insights

* In the past year, the stock had a similar or greater loss five times at the close; it advanced in the next trading session four times for an average 2.1 percent and declined once for an average 0.4 percent.

* Shares are at a 8.2 percent discount to the analysts' consensus target price. The stock traded at an average 4.1 percent discount over the past year.

* Stock advanced 11 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 4.5 percent.

Catalysts

* An annual shareholder meeting is scheduled for May 8.