Saturday 20 Apr 2024
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KUALA LUMPUR (July 13): Petronas Dagangan Bhd. shares rose 4.1 percent, more than any full-day gain since Nov. 13, as Malaysia's benchmark index advanced.

Market Metrics

* Shares advanced to RM26.02, higher than any close since May 21, from RM25 in the previous session.

* Trading volume was about five times the 20-day average 

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.7 percent, and the MSCI AC Asia Pacific Index rose 0.8 percent.

Market Insights

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

* Shares are at a 2.6 percent discount to the analysts' consensus target price. The stock traded at an average 1.4 percent discount over the past year.

* Stock advanced 10 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 2.2 percent.

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