K-Star, Lee Swee Kiat, Sarawak Consolidated

TheEdge Fri, May 25, 2018 01:02pm - 5 years View Original


KUALA LUMPUR (May 25): theedgemarkets.com highlighted 3 stock with momentum at Bursa Malaysia’s afternoon market close today. It showed 1 with positive momentum and 2 with negative momentum.

Stocks with positive momentum were:

K-Star Sports Limited – unchanged at 11 sen

Stocks with negative momentum were:

Lee Swee Kiat Group Bhd – up 5.5 sen to 87.5 sen

Sarawak Consolidated Industries Bhd – up one sen to 70 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.

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 7.460
LEESK 0.900
SCIB 0.310
SINARAN 0.060

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