BahVest, NWP, SKH, Teo Seng, Asdion, Peterlabs, Sern Kou, YKGI
KUALA LUMPUR (Mar 12): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon market close today. Four stocks displayed positive momentum while four other stocks showed negative momentum.
Stocks with positive momentum were:
Borneo Aqua Harvest Bhd - up 5 sen or 4.76% at RM1.10
NWP Holdings Bhd - up 4 sen or 15.09% at 30.5 sen
SKH Consortium Bhd - down 0.5 sen or 5.00% at 9.5 sen
Teo Seng Capital Bhd - up 3 sen or 3.03% at RM1.02
Stocks with negative momentum were:
Asdion Bhd - up 4 sen or 14.29% at 32 sen
Peterlabs Holdings Bhd - up 1.5 sen or 4.76% at 33 sen
Sern Kou Resources Bhd - up 1 sen or 0.62% at RM1.63
YKGI Holdings Bhd - up 2 sen or 5.48% at 38.5 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
ASDION | 0.075 |
ASTEEL | 0.100 |
AURO | 0.160 |
BAHVEST | 0.500 |
BURSA | 7.460 |
HM | 0.115 |
PLABS | 0.200 |
SERNKOU | 0.850 |
TEOSENG | 1.890 |
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