KUALA LUMPUR (Jan 7): Petronas Gas Bhd. shares fell 3.8 percent, more than any full-day drop since May 30, while Malaysia's benchmark index advanced.
Market Metrics
* Shares declined to RM17.72, lower than any close since Oct. 11, from RM18.42 in the previous session.
* Trading volume was 17 percent more than the 20-day average.
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.4 percent, and the MSCI AC Asia Pacific Index rose 1.8 percent.
Market Insights
* In the past year, the stock had a similar or greater loss three times at the close. It advanced after all three occasions.
* Shares are at a 4.1 percent discount to the analysts' consensus target price. The stock traded at an average 3.5 percent discount over the past year.
* Stock declined 3.1 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 7.8 percent.