CYL, EATech, EMetall, CRG, Jerasia, Pelikan, SYSCorp,TGuan

TheEdge Wed, Sep 21, 2022 01:47pm - 6 months View Original

KUALA LUMPUR (Sept 21): highlighted eight stocks at Bursa Malaysia's afternoon close on Wednesday (Sept 21).

Five stocks had positive momentum and three had negative momentum.

The stock with positive momentum  :

CYL Corporation Bhd- up 1.5 sen or 2.36% at 65 sen

E.A Technique (M) Bhd- down five sen or 6.25% at 7.5 sen

EonMetall Group Bhd - down three sen or 4.38%  at 71.5 sen

Shin Yang Shipping Corp Bhd- up 1.5 sen or 2.00% at 76.5 sen

Thong Guan Industries Bhd- down one sen or 0.37% at RM 2.71

The stocks with negative momentum were:

CRG Incorporated  Bhd- up 2.5 sen or 12.20% at 23 sen

Jerasia Capital Bhd - unchanged at 3.5 sen

Pelikan International Corp Bhd- unchanged at 26.5 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 6.390
CRG 0.180
TGUAN 2.270


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