GDB, GOB, JTiasa, Protasco, SwkPlnt, Brahims

TheEdge Mon, Dec 23, 2019 01:27pm - 4 years View Original


KUALA LUMPUR (Dec 23): theedgemarkets.com highlighted six stocks at Bursa Malaysia’s afternoon market close today. The list showed two stocks with positive momentum and four with negative momentum.
 
Stocks with positive momentum were:
 
GDB Holdings Bhd — up two sen at 58.5 sen
 
Global Oriental Bhd — up one sen at 24 sen
 
Stocks with negative momentum were:
 
Jaya Tiasa Holdings Bhd — up 6.5 sen at 93.5 sen
 
Protasco Bhd — up 2.5 sen at 41 sen
 
Sarawak Plantation Bhd— up five sen at RM2.01
 
Brahim’s Holdings Bhd — down 0.5 sen at 31.5 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
GDB 0.260
GOB 0.185
JTIASA 1.410
PRTASCO 0.230
SWKPLNT 2.160

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