Friday 19 Apr 2024
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KUALA LUMPUR (July 16): Dialog Group Bhd shares rose 3.49 percent, more than any full-day gain since May 15, while Malaysia's benchmark index declined.

Market Metrics

* Shares advanced to RM3.56, higher than any close since Oct 3, from RM3.44 in the previous session.

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

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.2 percent, and the MSCI AC Asia Pacific Index fell 0.2 percent.

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 twice (2.7 percent, on average) and declined four times (1.1 percent, on average).

* Shares are at a 5 percent discount to the analysts' consensus target price. The stock traded at an average 10 percent discount over the past year.

* Stock advanced 3.3 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 2.9 percent.

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