KPJ Healthcare, Landmarks, EcoFirst Consolidated, Epicon, Minetech Resources, Sarawak Cable, Superlon Holdings

TheEdge Thu, Dec 14, 2023 02:15pm - 6 months View Original


KUALA LUMPUR (Dec 14): theedgemalaysia.com highlighted two stocks with positive momentum and five stocks with negative momentum at Bursa Malaysia's afternoon close on Thursday.

The stocks with positive momentum were:

  • KPJ Healthcare Bhd — up two sen or 1.43% to RM1.42

  • Landmarks Bhd  — up 1.5 sen or 5.77% to 27.5 sen

The stocks with negative momentum were:

  • EcoFirst Consolidated Bhd — unchanged at 35.5 sen

  • Epicon Bhd — up two sen or 5.56% to 38 sen

  • Minetech Resources Bhd — up 2.5 sen or 35.71% to 9.5 sen

  • Sarawak Cable Bhd — down one sen or 4.17% to 23 sen

  • Superlon Holdings Bhd — up four sen or 5.56% to 76 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.

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

BURSA 8.780
ECOFIRS 0.385
ECOFIRS-WD 0.100
EPICON 0.335
KPJ 1.920
LANDMRK 0.200
MINETEC 0.150
SCABLE 0.140
SUPERLN 1.320

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