PNE PCB, Kotra, Elsoft, MMS Ventures, Visdynamics, SCC, Mclean, Selangor Properties, Mieco, Hup Seng, Kim Hin, DKSH, CCK, Ta Win, CCM, Theta Edge, Chee Wah, Ideal United

TheEdge Tue, May 23, 2017 02:29pm - 6 years View Original


KUALA LUMPUR (May 23): theedgemarkets.com highlighted 18 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and 17 with negative momentum.

The stock with positive momentum is:

PNE PCB Bhd – up 1 sen at 54 sen

The stocks with negative momentum are:

Kotra Industries Bhd – up 7 sen at RM1.70

Elsoft Research Bhd – down 11 sen at RM2.56

MMS Ventures Bhd – up 3 sen at RM1.20

Visdynamics Holdings Bhd – up 16.5 sen at 97 sen

SCC Holdings Bhd – up 8 sen at RM2.36

Mclean Technologies Bhd – down 4.5 sen at 28 sen

Selangor Properties Bhd – up 15 sen at RM5.02

Mieco Chipboard Bhd – down 3 sen at RM2.19

Hup Seng Industries Bhd – unchanged at RM1.26

Kim Hin Industry Bhd – up 3 sen at RM2.27

DKSH Holdings (M) Bhd – up 6 sen at RM5.32

CCK Consolidated Holdings Bhd – up 4 sen at RM1.01

Ta Win Holdings Bhd – up 10.5 sen at 76 sen

CCM Duopharma Biotech Bhd – down 1 sen at RM1.49

Theta Edge Bhd – down 0.5 sen at 59 sen

Chee Wah Corp Bhd – up 1 sen at RM1.56

Ideal United Bintang Bhd – down 1 sen at 81 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.

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






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BURSA 7.420
CCK 1.000
CWG 0.280
DKSH 4.740
DPHARMA 1.200
ELSOFT 0.520
HUPSENG 0.815
IDEAL 3.300
KIMHIN 0.500
KOTRA 4.670
MCLEAN 0.195
MIECO 0.650
MMSV 0.495
PNEPCB 0.060
SCC 0.320
SPB 6.270
TAWIN 0.025
THETA 1.190
VIS 0.400

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