Chinhin, Inno, KTB, Lagenda, LSteel, MHC, Paragon, Salcon, Ipmuda, Techfast

TheEdge Thu, Nov 05, 2020 01:27pm - 6 months ago

KUALA LUMPUR (Nov 5): highlighted 10 stocks at Bursa Malaysia’s afternoon close today. Eight stocks indicated negative momentum while two stocks with positive momentum.

The stocks with negative momentum were:

Chin Hin Group Bhd – down three sen at RM1.40

Innoprise Plantations Bhd – up five sen at RM1.11

Konsortium Transnasional Bhd – up 3.5 sen at 17.5 sen

Lagenda Properties Bhd – up three sen at 99.5 sen

Leader Steel Holdings Bhd – up one sen at 48.5 sen

MHC Plantations Bhd – up three sen at 63 sen

Paragon Union Bhd – up six sen at 52 sen

Salcon Bhd – up two sen at 36 sen

The stocks with positive momentum were:

Ipmuda Bhd – up 18 sen at 62 sen

Techfast Holdings Bhd – up 3.5 sen at 62.5 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.

Related Stocks

BURSA 8.460
INNO 1.270
IPMUDA 1.370
KTB 0.130
LSTEEL 0.775
MHC 0.830
SALCON 0.235


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