Friday 19 Apr 2024
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KUALA LUMPUR (May 31): Malaysia Airports Holdings Bhd shares rose 5.8 percent, as Malaysia's benchmark index advanced.

Market Metrics

* Shares advanced to RM8.78 from RM8.30 in the previous session.

* Trading volume was more than triple the 20-day average for this time of day.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.9 percent, and the MSCI AC Asia Pacific Index rose 0.6 percent.

Market Insights

* In the past year, the stock had a similar or greater gain once at the close.

* Shares are at a 10 percent discount to the analysts' consensus target price. The stock traded at an average 5.6 percent discount over the past year.

* Stock declined 1.7 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 2.6 percent.

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