KUALA LUMPUR (Sept 13): Public Bank Bhd shares fell 1.9 percent, more than any full-day drop since June 20, as Malaysia's benchmark index declined.
Market Metrics
* Shares declined to RM24.44 from RM24.92 in the previous session.
* Trading volume was 79 percent more than the 20-day average.
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.2 percent, and the MSCI AC Asia Pacific Index rose 0.9 percent.
Market Insights
* In the past year, the stock had a similar or greater loss six times at the close; it advanced in the next trading session three times (2.2 percent, on average) and declined three times (1.2 percent, on average).
* Shares are at a 2.7 percent discount to the analysts' consensus target price. The stock traded at an average 3.5 percent discount over the past year.
* Stock advanced 21 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.3 percent.