IQ Group, Paos, Parlo, Sig Gases, Thong Guan, Tomypak, ES Ceramics, NTPM, Tri-Mode

TheEdge Thu, Oct 15, 2020 01:38pm - 1 year View Original

KUALA LUMPUR (Oct 15): highlighted nine stocks at Bursa Malaysia’s afternoon close today. Six stocks indicated negative momentum while three stocks with positive momentum.

Stocks with negative momentum were:

IQ Group Holdings Bhd – down six sen at RM1.14

Paos Holdings Bhd – up one sen at 35 sen

Parlo Bhd – up 6.5 sen at 52 sen

Sig Gases Bhd – down half a sen at 48.5 sen

Thong Guan Industries Bhd – up eight sen at RM5.57

Tomypak Holdings Bhd – up half a sen at 83.5 sen

Stocks with positive momentum were:

ES Ceramics Technology Bhd – up 11 sen at 93 sen

NTPM Holdings Bhd – up one sen at 78 sen

Tri-Mode System (M) Bhd – up 2.5 sen at 41.5 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.

Related Stocks

BURSA 6.220
NTPM 0.390
PAOS 0.270
PARLO 0.070
SIGGAS 0.090
TGUAN 2.570


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