KUALA LUMPUR (Nov 21): Public Bank Bhd shares fell 1.5 percent, more than any full-day drop since Aug 24, as Malaysia's benchmark index declined.
Market Metrics
* Shares declined to RM24.62 from RM25 in the previous session.
* Trading volume was more than 13 times the 20-day average.
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.9 percent, and the MSCI AC Asia Pacific Index fell 1.1 percent.
Market Insights
* In the past year, the stock had a similar or greater loss 10 times at the close; it advanced in the next trading session seven times (1.1 percent, on average) and declined three times (1.2 percent, on average).
* Shares are at a 2.3 percent discount to the analysts' consensus target price. The stock traded at an average 2.8 percent discount over the past year.
* Stock advanced 23 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.4 percent.