KUALA LUMPUR (April 30): RHB Bank Bhd shares rose 2.2 percent, more than any full-day gain since March 13, as Malaysia's benchmark index advanced.

Market Metrics

* Shares advanced to RM6.03, higher than any close since April 2015, from RM5.90 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 0.2 percent, and the MSCI AC Asia Pacific Index fell 0.2 percent.

Market Insights

* In the past year, the stock had a similar or greater gain seven times at the close; it advanced in the next trading session three times (0.9 percent, on average) and declined four times (1.7 percent, on average).

* Shares are at a 3.1 percent discount to the analysts' consensus target price. The stock traded at an average 8.3 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 12 percent.

Catalysts

* The equity lockup period on the company's shares ends May 5 following its earlier RM1.04 billion stock sale.