Fiamma, FPI, PPHB, G Capital, Khind, Privasia

TheEdge Thu, Nov 26, 2020 03:00pm - 5 months ago

KUALA LUMPUR (Nov 26): highlighted six stocks at Bursa Malaysia's afternoon break today. Three stocks showed positive momentum while another three stocks had negative momentum.

Stocks with positive momentum:

Fiamma Holdings Bhd – up three sen to 53 sen

Formosa Prosonic Industries Bhd (FPI) – up 13 sen to RM2.23

Public Packages Holdings Bhd (PPHB) – up one sen to 95 sen

Stocks with negative momentum:

G Capital Bhd – up seven sen to 77 sen

Khind Holdings Bhd – up 65 sen to RM2.84

Privasia Technology Bhd – up 1.5 sen to 16 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

BURSA 8.180
FIAMMA 0.610
FPI 2.450
GCAP 0.855
KHIND 3.510
PPHB 0.920
PRIVA 0.200


Login to comment.