KUALA LUMPUR (July 13): Cahya Mata Sarawak Bhd shares rose 9.5 percent, more than any full-day gain since April 11, as Malaysia's benchmark index advanced.
Market Metrics
* Shares advanced to RM2.66 from RM2.43 in the previous session.
* Trading volume was almost triple the 20-day average
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.7 percent, and the MSCI AC Asia Pacific Index rose 0.8 percent.
Market Insights
* In the past year, the stock had a similar or greater gain two times at the close. It declined after both occasions.
* Shares are at a 36 percent discount to the analysts' consensus target price. The stock traded at an average 20 percent discount over the past year.
* Stock declined 40 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 3.1 percent.