KUALA LUMPUR (Sept 21): MISC Bhd shares rose 3.7 percent, more than any full-day gain since June 1, as Malaysia's benchmark index advanced.
Market Metrics
* Shares advanced to RM6.19, higher than any close since Aug. 9, from RM5.97 in the previous session.
* Trading volume was 28 percent more than the 20-day average.
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.5 percent, and the MSCI AC Asia Pacific Index rose 1 percent.
Market Insights
* In the past year, the stock had a similar or greater gain three times at the close. It advanced after all three occasions.
* Shares are at a 2.8 percent discount to the analysts' consensus target price. The stock traded at an average 4.5 percent discount over the past year.
* Stock declined 16 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 2.3 percent.