KUALA LUMPUR (Nov 28): Sime Darby Plantation Bhd. shares fell 3.8 percent, more than any full-day drop since Jan. 2, as Malaysia's benchmark index declined.

Market Metrics

* Shares declined to RM4.83, lower than any close since Dec. 5, 2017, from RM5.02 in the previous session.

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

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.3 percent, and the MSCI AC Asia Pacific Index rose 0.1 percent.

Market Insights

* In the past year, the stock had a similar or greater loss once at the close.

* Shares are at a 8 percent discount to the analysts' consensus target price. The stock traded at an average 4 percent discount over the past year.

* KAF Seagroatt & Campbell analyst Thomas Soon downgraded the recommendation on Sime Darby Plantation to sell and assigned a target price of RM4.50 on Nov. 26, and AmInvestment Bank analyst Huey Ling Gan downgraded the stock to underweight and assigned a target price of RM4.50 on the same day.

* Stock advanced 0.2 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 2 percent.