George Kent jumps 9.9% to highest in five months

-A +A

KUALA LUMPUR (March 8): George Kent Malaysia Bhd shares rose 9.9 percent, more than any full-day gain since Jan 17, while Malaysia's benchmark index declined.

Market Metrics

* Shares advanced to RM1.22, higher than any close since Oct 3, from RM1.11 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 1.4 percent.

Market Insights

* In the past year, the stock had a similar or greater gain eight times at the close; it advanced in the next trading session five times (4 percent, on average) and declined three times (1.9 percent, on average).