Affin, A-Rank, AYS, Central Global, Kumpulan Perangsang Selangor, LB Aluminium, Leon Fuat, Pasdec, Pecca, Eversendai, Sentoria, Tashin

TheEdge Wed, Apr 07, 2021 02:49pm - 2 years View Original


KUALA LUMPUR (April 7): theedgemarkets.com highlighted 12 stocks with momentum at Bursa Malaysia's afternoon close today. Two stocks displayed positive momentum, while 10 showed negative momentum.

 

Stocks with positive momentum were:

A-Rank Bhd — up four sen at 61.5 sen  

Tashin Holdings Bhd — up 2.5 sen at 49 sen

 

Stocks with negative momentum were:

Affin Bank Bhd — up three sen at RM1.78

AYS Ventures Bhd — up 1.5 sen at 39 sen

Central Global Bhd — up 16 sen at RM1.94

Kumpulan Perangsang Selangor Bhd — up five sen at RM1.13

LB Aluminium Bhd — up 8.5 sen at 98 sen

Leon Fuat Bhd — up 4.5 sen at 85.5 sen

Pasdec Holdings Bhd — up five sen at 40.5 sen

Pecca Group Bhd — up 11 sen at RM3.77

Eversendai Corp Bhd — up one sen at 29 sen

Sentoria Group Bhd — up one sen at 18.5 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

AFFIN 2.460
ARANK 0.510
AYS 0.360
BURSA 7.460
CGB 0.815
KPS 0.800
LBALUM 0.445
LEONFB 0.525
PASDEC 0.300
PECCA 1.350
SENDAI-WA 0.110
SNTORIA 0.060
TASHIN 0.370

Comments

Login to comment.