Edaran, Armada, CAB, Censof, Cheetah, CNI, Cuscapi, DNeX, Dynacia, Fajar, Fibon, Jaskita, LeonFB, PEB, Smetric, Sycal,Syscorp, WCE, Widetec, YGL

TheEdge Thu, Feb 18, 2021 01:36pm - 3 years View Original

KUALA LUMPUR (Feb 18): theedgemarkets.com highlighted 20 stocks with momentum at Bursa Malaysia's afternoon close today. One stock showed positive momentum while 19 stocks indicated negative momentum.

The stock with positive momentum was:

Edaran Bhd – rose nine sen at 61.5 sen

The stocks with negative momentum were:

Bumi Armada Bhd – rose 1.5 sen at 39.5 sen

CAB Cakaran Corp Bhd – unchanged at 47.5 sen

Censof Holdings Bhd – rose 8.5 sen at 38 sen

Cheetah Holdings Bhd – rose eight sen at RM1.17

CNI Holdings Bhd – rose 2.5 sen at 12.5 sen

Cuscapi Bhd – rose six sen at 29 sen

Dagang NeXchange Bhd – rose 11.5 sen at 66.5 sen

Dynaciate Group Bhd – unchanged at 13 sen

Fajarbaru Builder Group Bhd – rose seven sen at 62.5 sen

Fibon Bhd – rose 3.5 sen at 45.5 sen

Jasa Kita Bhd – rose one sen at 12.5 sen

Leon Fuat Bhd – rose three sen at 59.5 sen

Pimpinan Ehsan Bhd – unchanged at 99.5 sen

Securemetric Bhd – rose 3.5 sen at 20 sen

Sycal Ventures Bhd – rose one sen at 26.5 sen

Shin Yang Shipping Corp Bhd – rose 1.5 sen at 36.5 sen

WCE Holdings Bhd – rose 2.5 sen at 39 sen

Widetech (Malaysia) Bhd – fell 10 sen at RM1.52

YGL Convergence Bhd – rose three sen at 20.5 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.

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

ARMADA 0.580
BURSA 7.470
CENSOF 0.245
EDARAN 1.140
FIBON 0.450
SYCAL 0.210


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