Eonmetall, Econframe, Harn Len, KIP REIT

TheEdge Mon, Jul 25, 2022 01:57pm - 1 year View Original


KUALA LUMPUR (July 25): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon close on Monday (July 25). Three stocks displayed positive momentum, while one stock had negative momentum.

The stocks with positive momentum were:

  • Eonmetall Group Bhd — up one sen at 65 sen
  • Econframe Bhd — up half a sen at 55 sen
  • Harn Len Corp Bhd — down 15 sen at RM1.45

The stock with negative momentum was:

  • KIP Real Estate Investment Trust (KIP REIT) — down half a sen at 90 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 7.450
EFRAME 0.805
EMETALL 0.400
HARNLEN 0.370
KIPREIT 0.890
REIT 809.750

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