AsiaPac, EATech, BJFood, CHGP, CYL, Sam

TheEdge Mon, Sep 19, 2022 02:00pm - 1 year View Original


KUALA LUMPUR (Sept 19): theedgemarkets.com highlighted six stocks at Bursa Malaysia's afternoon close on Monday (Sept 19).

Two stocks had positive momentum and four had negative momentum.

The stocks with positive momentum were:

Asian Pac Holdings Bhd — down half a sen or 4.55% at 10.5 sen

EA Technique (M) Bhd — up one sen or 22.22% at 5.5 sen

The stocks with negative momentum were:

Berjaya Food Bhd — up three sen or 3.3% at 94 sen

Chin Hin Group Property Bhd — down one sen or 0.39% at RM2.54

CYL Corporation Bhd — up two sen or 4.76% at 44 sen

Sam Engineering & Equipment (M) Bhd — down 22 sen or 4.26% at RM4.95

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

ASIAPAC 0.100
BJFOOD 0.590
BURSA 7.450

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