KUALA LUMPUR (April 26): Public Bank Bhd shares fell 1.8 percent, more than any full-day drop since Feb. 6, as Malaysia's benchmark index declined.
Market Metrics
* Shares declined to RM23.42, the lowest level since March 19, from RM23.84 in the previous session.
* Trading volume was 99 percent more than the 20-day average
* Move compares with the 0.1 percent loss in the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index and the 0.2 percent fall in the MSCI AC Asia Pacific Index.
Market Insights
* Shares are at a 2.3 percent discount to the analysts' consensus target price. The stock traded at an average 4.1 percent discount over the past year.
* Stock advanced 18 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 4.6 percent.