KNM, Sand Nisko Capital, TFP Solutions, Advance Information Marketing, Computer Forms, IQ Group, SKB Shutters

TheEdge Fri, Aug 20, 2021 02:10pm - 2 years View Original


KUALA LUMPUR (Aug 20): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia's afternoon close today. Three stocks displayed positive momentum, while four showed negative momentum.

 

Stocks with positive momentum were:

KNM Group Bhd — up 1.5 sen at 23 sen

Sand Nisko Capital Bhd — up eight sen at RM1.44

TFP Solutions Bhd — unchanged at 21 sen

 

Stocks with negative momentum were:

Advance Information Marketing Bhd — down 3.5 sen at 77 sen

Computer Forms (Malaysia) Bhd — up 33 sen at RM1.44

IQ Group Holdings Bhd — up 12 sen at RM1.11

SKB Shutters Corp Bhd — up five sen at RM1.73

 

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 stock, 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

AIM 0.075
BURSA 7.460
CFM 0.140
IQGROUP 0.760
KNM 0.085
MPIRE 0.140
SKBSHUT 0.590
TFP-WB 0.025

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