Friday 29 Mar 2024
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KUALA LUMPUR (June 4): Hartalega Holdings Bhd shares rose 5.1 percent, more than any full-day gain since March 12.

Market Metrics

* Shares advanced to RM6.44, the highest level since April 17, from RM6.13 in the previous session.

* Trading volume was 72 percent more than the 20-day average

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index moved less than 0.1 percent, and the MSCI AC Asia Pacific Index rose 1.2 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 (4.5 percent, on average) and declined three times (3.9 percent, on average).

* Shares are at a 19 percent premium to the analysts' consensus target price. The stock traded at an average 15 percent premium over the past year.

* Stock advanced 103 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1.2 percent.
 

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