KUALA LUMPUR (Oct 10): DRB-Hicom Bhd shares fell 6.6 percent, more than any full-day drop since May 24, as Malaysia's benchmark index declined.

Market Metrics

* Shares declined to RM1.85, lower than any close since June 25, from RM1.98 in the previous session.

* Trading volume was more than double the 20-day average.

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1 percent, and the MSCI AC Asia Pacific Index rose 0.2 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 loss four times at the close. It advanced after all four occasions.

* Shares are at a 29 percent discount to the analysts' consensus target price. The stock traded at an average 14 percent discount over the past year.

* Stock advanced 5.1 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 0.3 percent.

Catalysts

* An extraordinary shareholder meeting is scheduled for Oct. 15.