KUALA LUMPUR (July 30): JAKS Resources Bhd shares fell 4.5 percent, more than any full-day drop since May 7.
Market Metrics
* Shares declined to RM1.05, lower than any close since at least July 31, 2017, from RM1.10 in the previous session.
* Trading volume was more than triple 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 fell 0.2 percent.
* The relative strength index on the stock was below 30, indicating it may be oversold.
Market Insights
* In the past year, the stock had a similar or greater loss six times at the close; it advanced in the next trading session five times (2 percent, on average) and declined once (0.8 percent).
* Stock declined 27 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.1 percent.