Naim jumps 23% to highest level in a year

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KUALA LUMPUR (March 13): Naim Holdings Bhd shares rose 23 percent, as Malaysia's benchmark index advanced.

Market Metrics

* Shares advanced to RM1.11, higher than any close since Feb 27, 2018, from 90 sen in the previous session.

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

* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index gained 0.2 percent, and the MSCI AC Asia Pacific Index fell 0.5 percent.

* The relative strength index on the stock was above 70, indicating it may be overbought.