EcoFirst, Versatile Creative, Imaspro, Complete Logistics, Affin Bank, AHB

TheEdge Thu, Jan 13, 2022 01:54pm - 4 months View Original

KUALA LUMPUR (Jan 13): highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Thursday (Jan 13). Three indicated positive momentum, while another three displayed negative momentum.

The stocks with positive momentum were:

EcoFirst Consolidated Bhd – up 2.5 sen at 51.5 sen

Versatile Creative Bhd – up half a sen at 69.5 sen

Imaspro Corp Bhd – down one sen at RM2.58

The stocks with negative momentum were:

Complete Logistic Services Bhd – up 23 sen at RM2.86

Affin Bank Bhd – up seven sen at RM1.92

AHB Holdings Bhd – down four sen at 24 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 2.180
AHB 0.190
BURSA 6.790


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