Citaglb,HHHCorp, SYF, OFI, Keinhin, PGF

TheEdge Thu, Oct 06, 2022 01:48pm - 1 year View Original


KUALA LUMPUR (Oct 6): theedgemarkets.com highlighted six stocks at Bursa Malaysia's afternoon close on Thursday (Oct 6).

One had positive momentum and five had negative momentum.

The stock with positive momentum  :

Cita Global Bhd- up half a sen or 1.89% at 27 sen

The stocks with negative momentum:

Hiap Huat Holdings Bhd- unchanged at 15.5 sen

Kein Hing International Bhd- up 5 sen or 4.31% at RM1.21

Oriental Food Industries Holdings Bhd- unchanged at RM1.13

PGF Capital Bhd- down two sen or 1.60% at RM1.23

SYF Resources Bhd- up half a sen or 1.61% 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
HHHCORP 0.150
KEINHIN 1.270
M&A 0.375
OFI 1.950
PGF 1.910

Comments

Login to comment.