Vivocom, Anzo, AWC, BTM, Destini, Dufu, FoundPac, HeveaBoard, Kretam, Keck Seng, Malakoff, Mi Technovation, MNRB, Paramount, PDZ, Rohas Tecnic, Sam, Sanichi, SCBuild, SKB Shutters, Stella, Toyo Ink, VisDynamics

TheEdge Fri, Jul 03, 2020 02:44pm - 10 months ago


KUALA LUMPUR (July 3): theedgemarkets.com has highlighted 23 stocks with momentum at Bursa Malaysia's afternoon market close today. One stock displayed positive momentum, while 22 showed negative momentum.

The stock with positive momentum was:

Vivocom Intl Holdings Bhd — rose half a sen or 14.29% at four sen

 

The stocks with negative momentum were:

Anzo Holdings Bhd — rose two sen or 12.12% at 18.5 sen

AWC Bhd — rose 2.5 sen or 5.43% at 48.5 sen

BTM Resources Bhd — rose five sen or 33.33% at 20 sen

Destini Bhd — unchanged at 15.5 sen

Dufu Technology Corp Bhd — rose 47 sen or 9.42% at RM5.46

FoundPac Group Bhd — rose three sen or 3.64% at 85.5 sen

HeveaBoard Bhd — rose 2.5 sen or 5.56% at 47.5 sen

Kretam Holdings Bhd — rose four sen or 8.25% at 52.5 sen

Keck Seng (Malaysia) Bhd — rose three sen or 0.81% at RM3.73

Malakoff Corp Bhd — rose 3.5 sen or 3.66% at 99 sen

Mi Technovation Bhd — rose eight sen or 3.02% at RM2.73

MNRB Holdings Bhd — rose 5.5 sen or 7.28% at 81 sen

Paramount Corp Bhd — rose 2.5 sen or 2.65% at 97 sen

PDZ Holdings Bhd — unchanged at seven sen

Rohas Tecnic Bhd — rose one sen or 2.25% at 45.5 sen

Sam Engineering & Equipment (M) Bhd — rose 23 sen or 2.99% at RM7.93

Sanichi Technology Bhd — rose one sen or 11.76% at 9.5 sen

SC Estate Builder Bhd — unchanged at 3.5 sen

SKB Shutters Corp Bhd — rose two sen or 4.88% at 43 sen

Stella Holdings Bhd — fell 5.5 sen or 5.95% at 87 sen

Toyo Ink Group Bhd — unchanged at 69 sen

VisDynamics Holdings Bhd — rose 2.5 sen or 4.76% at 55 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.






Related Stocks

ANZO 0.050
AWC 0.610
BTM 0.235
BURSA 8.460
DESTINI 0.235
DUFU 4.080
FPGROUP 0.810
HEVEA 0.725
KRETAM 0.655
KSENG 3.580
MALAKOF 0.845
MI 3.620
MNRB 1.200
PARAMON 0.820
PDZ 0.035
ROHAS 0.370
SAM 6.520
SANICHI 0.285
SCBUILD 0.090
SKBSHUT 1.260
STELLA 0.930
TOYOVEN 2.380
VIS 1.240
VIVOCOM 0.655

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