KUALA LUMPUR (June 12): Top Glove Corp Bhd shares fell 7.1 percent, more than any full-day drop since March 2016, as Malaysia's benchmark index declined.

Market Metrics

* Shares declined to RM11.04 from RM11.88 in the previous session. Earlier in the day, the stock traded as high as RM11.98, the highest level since March 2001.

* Trading volume was 43 percent more than 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 changed less than 0.1 percent.

Market Insights

* Shares are at a 5.2 percent premium to the analysts' consensus target price. The stock traded at an average 0.7 percent premium over the past year.

* Stock advanced 89 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1 percent.