KUALA LUMPUR (May 22): IHH Healthcare Bhd shares rose 2.4 percent, more than any full-day gain since March 20, while Malaysia's benchmark index declined.
Market Metrics
* Shares advanced to RM6.32, the highest level since February 2017, from RM6.17 in the previous session.
* Trading volume was 84 percent more than the 20-day average for this time of day.
* Move compares with the 0.1 percent loss in the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index and the 0.1 percent rise in the MSCI AC Asia Pacific Index.
Market Insights
* Shares are at a 3.9 percent discount to the analysts' consensus target price. The stock traded at an average 8.5 percent discount over the past year.
* Stock advanced 2.8 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 4.8 percent.
Catalysts
* An annual shareholder meeting is scheduled for May 28.