Wednesday 24 Apr 2024
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KUALA LUMPUR (June 5): Yinson Holdings Bhd shares rose 5.5 percent, more than any full-day gain since April 10, while Malaysia's benchmark index declined.

Market Metrics

* Shares advanced to RM4.60, the highest level since the company's July 1996 initial public offering, from RM4.36 in the previous session.

* Trading volume was almost 81 percent of 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

* In the past year, the stock had a similar or greater gain two times at the close; it declined in the next trading session once (1.9 percent).

* Shares are at a 0.4 percent discount to the analysts' consensus target price. The stock traded at an average 12 percent discount over the past year.

* Stock advanced 29 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1.2 percent.

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