GPA, Edaran, Jasa Kita, Ni Hsin, PUC, Sasbadi

TheEdge Thu, Oct 26, 2017 01:04pm - 6 years View Original


KUALA LUMPUR (Oct 26): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and five with negative momentum.

Stock with positive momentum was:

GPA Holdings Bhd – up 2 sen at 12.5 sen

Stocks with negative momentum were:

Edaran Bhd – up 24 sen at 76.5 sen

Jasa Kita Bhd – up 0.5 sen at 15 sen

Ni Hsin Resources Bhd – up 2 sen at 29.5 sen

PUC Bhd – up 1 sen at 18.5 sen

Sasbadi Holdings Bhd – up 2.5 sen at 94.5 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

BURSA 7.460
EDARAN 1.180
JASKITA 0.150
JOE 0.240
NIHSIN 0.105
PUC 0.050
SASBADI 0.150

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