Carlsberg, Dayang, Kretam, Borneo Aqua, Euro, Heineken, Johan, Pacific & Orient

TheEdge Fri, Feb 23, 2018 01:04pm - 6 years View Original


KUALA LUMPUR (Feb 23): theedgemarkets.com highlighted 8 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed 3 with positive momentum and 5 with negative momentum.

Stocks with positive momentum were:

Carlsberg Brewery Malaysia Bhd – unchanged at RM18

Dayang Enterprise Holdings Bhd – up nine sen to 83.5 sen

Kretam Holdings Bhd – down 0.5 sen to 85 sen

Stocks with negative momentum were:

Borneo Aqua Harvest Bhd – up two sen to 93.5 sen

Euro Holdings Bhd – up one sen to 29 sen

Heineken Malaysia Bhd – up 68 sen to RM21.48

Johan Holdings Bhd – up 0.5 sen to 33 sen

Pacific & Orient Bhd – down one sen to RM1.29

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

BAHVEST 0.560
BURSA 7.470
CARLSBG 18.280
DAYANG 2.550
EURO 0.055
HEIM 22.400
JOHAN 0.055
KRETAM 0.610
ORIENT 6.800
P&O 0.830

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