Aemulus, Kenanga, DGB, Efficient, FoundPac, K-One, Yoong Onn

TheEdge Wed, Jul 18, 2018 01:16pm - 5 years View Original


KUALA LUMPUR (July 18): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. Two stocks displayed positive momentum and five showed negative momentum.

Stocks with positive momentum were:

Aemulus Holdings Bhd – up 1 sen at 44 sen

Kenanga Investment Bank Bhd – up 2 sen at 76 sen

Stocks with negative momentum were:

DGB Asia Bhd – down 0.5 sen at 14.5 sen

Efficient E-Solutions Bhd – unchanged at 24.5 sen

FoundPac Group Bhd – up 1 sen at 35 sen

K-One Technology Bhd – up 1 sen at 21 sen

Yoong Onn Corp Bhd – up 3 sen at RM1.21

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

AEMULUS 0.390
BURSA 7.460
DGB 0.105
EFFICEN 0.220
FPGROUP 0.370
K1 0.150
KENANGA 1.140
YOCB 1.900

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