KUALA LUMPUR (May 28): Petronas Dagangan Bhd shares fell 3.6 percent, more than any full-day drop since Feb 6 and more than quadruple Malaysia's benchmark index.

Market Metrics

* Shares declined to RM24.32, the lowest level since March 9, from RM25.22 in the previous session.

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

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.7 percent, and the MSCI AC Asia Pacific Index fell 0.1 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 two times at the close; it declined in the next trading session once (0.5 percent).

* Shares are at a 7.1 percent discount to the analysts' consensus target price. The stock traded at an average 0.9 percent discount over the past year.

* Stock advanced 4.4 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 1.4 percent.