APB, FLBHD, Master, Pasdec, Salute

TheEdge Tue, Aug 23, 2022 01:35pm - 1 year View Original


KUALA LUMPUR (Aug 23): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia's afternoon close on Tuesday (Aug 23). Three stocks indicated negative momentum, while two stocks had positive momentum.

The stocks with negative momentum were:

APB Resources Bhd — up one sen at RM1.12

Focus Lumber Bhd — up four sen at RM1.45

Pasdec Holdings Bhd — up one sen at 38 sen

The stocks with positive momentum were:

Master-Pack Group Bhd — up eight sen to RM1.93

Salutica Bhd — up four sen at 40.5 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.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

APB 1.880
BURSA 7.450
MASTER 3.650

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