Thursday 25 Apr 2024
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KUALA LUMPUR (July 25): Sapura Energy Bhd shares rose 7.7 percent more than any full-day gain since June 6.

Market Metrics

* Shares advanced to 63 sen from 59 sen in the previous session.

* Trading volume was more than quadruple the 20-day average. 

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index moved less than 0.1 percent, and the MSCI AC Asia Pacific Index rose 0.2 percent.

Market Insights

* In the past year, the stock had a similar or greater gain 11 times at the close; it advanced in the next trading session three times (10 percent, on average) and declined seven times (3.2 percent, on average).

* Shares are at a 27 percent discount to the analysts' consensus target price. The stock traded at an average 27 percent discount over the past year.

* Stock declined 63 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.1 percent.

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