Thursday 18 Apr 2024
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KUALA LUMPUR (May 30):  YTL Corp Bhd shares fell 9.8 percent, more than double Malaysia's benchmark index.

Market Metrics

* Shares declined to 92 sen, the lowest level since August 2006, from RM1.02 in the previous session.

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

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 3.7 percent, and the MSCI AC Asia Pacific Index fell 1.4 percent.

* The relative strength index on the stock was below 30, indicating it may be oversold.

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Malaysia Benchmark Gauge Set For Worst Day Since August 2015

Malaysia FTSE Falls 1.6% to 1,747.67

Market Insights

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

* Stock declined 38 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 3.1 percent.

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