KUALA LUMPUR (May 22): Tenaga Nasional Bhd shares fell 1.7 percent, more than any full-day drop since April 3, as Malaysia's benchmark index declined.

Market Metrics

* Shares declined to RM15.40, the lowest level since Jan. 4, from RM15.66 in the previous session.

* Trading volume was 9 percent more than the 20-day average for this time of day.

* Move compares with the 0.1 percent loss in the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index and the 0.1 percent rise in the MSCI AC Asia Pacific Index.

Market Insights

* Shares are at a 11 percent discount to the analysts' consensus target price. The stock traded at an average 9.8 percent discount over the past year.

* Stock advanced 14 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 4.8 percent.