Saturday 20 Apr 2024
By
main news image

KUALA LUMPUR (Sept 21): QL Resources Bhd shares rose as much as 23 sen or 3.65% to RM6.53, as Malaysia's benchmark index advanced.

Market Metrics

* Trading volume was 74% more than the 20-day average.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.4%, and the MSCI AC Asia Pacific Index rose 0.6%

Market Insights

* In the past year, the stock had a similar or greater gain seven times at the close; it advanced in the next trading session four times (0.7%, on average) and declined twice (0.8%, on average).

* Shares are at a 34% premium to the analysts' consensus target price. The stock traded at an average 16% premium over the past year.

* Stock advanced 62% in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index-Kuala Lumpur Composite Index gained 1.7%.

      Print
      Text Size
      Share