KUALA LUMPUR (May 24): Petronas Gas Bhd shares rose 2.82 percent, more than any full-day gain since Jan 10, as Malaysia's benchmark index advanced.
Market Metrics
* Shares advanced to RM16.76 from RM16.30 in the previous session.
* Trading volume was 7 percent more than 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 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 gain nine times at the close; it advanced in the next trading session four times (0.5 percent, on average) and declined five times (1.6 percent, on average).
* Shares are at a 1.2 percent premium to the analysts' consensus target price. The stock traded at an average 0.6 percent discount over the past year.
* Stock declined 7.8 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 11 percent.