Complet, Cnouhua, Sernkou

TheEdge Mon, Dec 06, 2021 02:30pm - 8 months View Original

KUALA LUMPUR (Dec 6): highlighted three stocks at Bursa Malaysia’s afternoon close today. All stocks indicated negative momentum.
The stocks with negative momentum were:

China Ouhua Winery Holdings Ltd - up 0.5 sen to 13.5 sen

Complete Logistics Services  Bhd - up eight sen at RM2.53

Sern Kou Resources Bhd - fell two sen at 63 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.

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BURSA 6.380


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