Bahvest, HPP Holdings, Farm Fresh, Tien Wah

TheEdge Wed, Sep 25, 2024 01:37pm - 1 year View Original


KUALA LUMPUR (Sept 25): theedgemalaysia.com highlighted one stock with positive momentum and three stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday.

The stock with positive momentum was:

  • Bahvest Resources Bhd (KL:BAHVEST) — up 1.5 sen or 2.44% at 63 sen

The stocks with negative momentum were:

  • HPP Holdings Bhd (KL:HPPHB) — up two sen or 4.60% at 45.5 sen
  • Farm Fresh Bhd (KL:FFB) — up six sen or 3.43% at RM1.81
  • Tien Wah Press Holdings Bhd (KL:TIENWAH) — up 1.5 sen or 1.71% at 89 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

AUMAS 0.535
BAHVEST-WA 0.035
BURSA 8.830
FFB 2.510
HPPHB 0.355
TIENWAH 0.800

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