Friday 29 Mar 2024
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KUALA LUMPUR (July 25): Malaysia Building Society Bhd shares rose 4.5 percent, more than any full-day gain since April 10, as Malaysia's benchmark index advanced.

Market Metrics

* Shares advanced to RM1.17 from RM1.12 in the previous session.

* Trading volume was more than eight times the 20-day average.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.1 percent, and the MSCI AC Asia Pacific Index rose 0.3 percent.

Market Insights

* In the past year, the stock had a similar or greater gain 10 times at the close; it advanced in the next trading session three times (1.7 percent, on average) and declined seven times (2.1 percent, on average).

* Stock declined 9.4 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.1 percent.

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