KUALA LUMPUR (May 31): Tenaga Nasional Bhd shares rose 4.1 percent, more than any full-day gain since Oct 27 and more than double Malaysia's benchmark index.
Market Metrics
* Shares advanced to RM14.72 from RM14.14 in the previous session.
* Trading volume was 54 percent more than the 20-day average
* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 1.7 percent, and the MSCI AC Asia Pacific Index rose 0.6 percent.
* The relative strength index on the stock was below 30, indicating it may be oversold.
Market Insights
* In the past year, the stock had a similar or greater gain once at the close.
* Shares are at a 15 percent discount to the analysts' consensus target price. The stock traded at an average 9.6 percent discount over the past year.
* Stock advanced 2.6 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 2.6 percent.