Tuesday 23 Apr 2024
By
main news image

KUALA LUMPUR (June 5): IOI Corp Bhd shares rose 2 percent, more than any full-day gain since Dec 22, while Malaysia's benchmark index declined.

Market Metrics

* Shares advanced to RM4.69 from RM4.60 in the previous session.

* Trading volume was 4 percent more than the 20-day average.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.1 percent, and the MSCI AC Asia Pacific Index fell 0.1 percent.

Market Insights

* In the past year, the stock had a similar or greater gain eight times at the close; it declined in the next trading session six times (1.8 percent, on average).

* Shares are at a 2.9 percent premium to the analysts' consensus target price. The stock traded at an average 1.8 percent premium over the past year.

* Stock advanced 2.4 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1.2 percent.

      Print
      Text Size
      Share