DGB, AppAsia, Diversified Gateway, Compugates, Zecon, Amtel, CCM Duopharma, Kerjaya, Timberwell

TheEdge Thu, Jan 04, 2018 01:15pm - 6 years View Original


KUALA LUMPUR (Jan 4): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and eight with negative momentum.

The stock with positive momentum was:

DGB Asia Bhd – up 1 sen at 22.5 sen    

Stocks with negative momentum were:

AppAsia Bhd – up 2 sen at 41 sen 

Diversified Gateway Solutions Bhd – up 1.5 sen at 15.5 sen    

Compugates Holdings Bhd – up 1 sen at 4 sen

Zecon Bhd – up 1 sen at 70.5 sen

Amtel Holdings Bhd – up 3 sen at 70 sen 

CCM Duopharma Biotech Bhd – up 8 sen at RM2.72

Kerjaya Prospek Group Bhd – up 1 sen at RM4.09    

Timberwell Bhd – unchanged at 63 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

AMTEL 0.610
APPASIA 0.095
BURSA 7.460
COMPUGT 0.010
DFX 0.145
DGB 0.105
DPHARMA 1.200
KERJAYA 1.780
TIMWELL 0.475
ZECON 0.420

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