Vsolar, Asian Pac, G3, Luxchem, Pantech, Supercomnet, South Malaysia Industries

TheEdge Thu, Oct 19, 2017 01:38pm - 6 years View Original


KUALA LUMPUR (Oct 19): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. One stock displayed positive momentum while six showed negative momentum.

The stock with positive momentum was:

Vsolar Group Bhd – up one sen at 14.5 sen

Stocks with negative momentum were:

Asian Pac Holdings Bhd – up one sen at 19 sen

G3 Global Bhd – up six sen at 86 sen

Luxchem Corp Bhd – up one sen at 85 sen

Pantech Group Holdings Bhd – up 0.5 sen at 71 sen

Supercomnet Technologies Bhd – up 3.5 sen at 29 sen

South Malaysia Industries Bhd – up 0.5 sen at 24.5 sen

The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements.

The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. Note also that momentum generally only persists for a short period of time.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

ASIAPAC 0.100
BURSA 7.450
G3 0.020
LUXCHEM 0.535
PANTECH 0.940
SCOMNET 1.210
SMI 0.570
VSOLAR 0.105

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