Peterlabs, CME, LKL, Sand Nisko, Perak Corp

TheEdge Mon, Feb 13, 2017 02:01pm - 7 years View Original


KUALA LUMPUR (Feb 13): theedgemarkets.com highlighted 22 stocks with momentum at Bursa Malaysia’s afternoon market close today. Two showed positive momentum while 20 had negative momentum.
 
Stocks with positive momentum were:
 
Peterlabs Holdings Bhd - up 1.5 sen at 26 sen
 
CME Group Bhd - up one sen at seven sen
 
Stocks with negative momentum included:
 
LKL International Bhd - up 0.5 sen at 27.5 sen
 
Sand Nisko Capital Bhd - up 3.5 sen at 26 sen
 
Perak Corp Bhd - down four sen at RM1.90
 
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 7.430
CME 0.030
LKL 0.115
MPIRE 0.140
PLABS 0.200
PRKCORP 0.445

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