Master-Pack, Netx, Pensonic, Theta Edge, Mega First, Public Packages, Reach Energy, Transocean, Toyo Ventures, XOX Technology

TheEdge Fri, Sep 15, 2023 02:01pm - 8 months View Original


KUALA LUMPUR (Sept 15): theedgemalaysia.com highlighted 10 stocks with momentum at Bursa Malaysia’s afternoon close on Friday. Four stocks showed positive momentum, while six stocks had negative momentum.

The stocks with positive momentum were:

  • Master-Pack Group Bhd — up 18 sen or 6.79% at RM2.83
  • Netx Holdings Bhd — up one sen or 10% at 11 sen
  • Pensonic Holdings Bhd — up three sen or 4.29% at 73 sen
  • Theta Edge Bhd — up 5.5 sen or 8.66% at 69 sen

The stocks with negative momentum were:

  • Mega First Corp Bhd — up six sen or 1.78% at RM3.44
  • Public Packages Holdings Bhd — up 1.5 sen or 2.27% at 67.5 sen
  • Reach Energy Bhd — unchanged at five sen
  • Transocean Holdings Bhd — up four sen or 2.05% at RM1.99
  • Toyo Ventures Holdings Bhd — up five sen or 3.91% at RM1.33
  • XOX Technology Bhd — up one sen or 16.67% at seven 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.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com

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






Related Stocks

ARKA 2.400
BURSA 8.300
MASTER 3.930
MFCB 4.870
NETX 0.135
PENSONI 0.560
PPHB 0.945
REACH 0.025
THETA 1.540
TOYOVEN 1.040
XOX 0.010
XOXTECH 0.055

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