Astino, Inta Bina, Radiant Globaltech, Superlon, Ecomate, Eupe, Favelle Favco, Prestar Resources, Southern Score Builders
KUALA LUMPUR (March 25): theedgemalaysia.com highlighted four stocks with positive momentum and six stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.
The stocks with positive momentum were:
- Astino Bhd — up three sen or 5.22% to 60.5 sen
- Inta Bina Group Bhd — down half a sen or 1.43% to 34.5 sen
- Radiant Globaltech Bhd — up 3.5 sen or 10.45% to 37 sen
- Superlon Holdings Bhd — up 4.5 sen or 4.79% to 98.5 sen
The stocks with negative momentum were:
- Ecomate Holdings Bhd — up two sen or 2.38% to 86 sen
- Eupe Corp Bhd — down one sen or 0.98% to RM1.01
- Favelle Favco Bhd — up one sen or 0.49% to RM2.05
- GDB Holdings Bhd — up half a sen or 1.85% to 27.5 sen
- Prestar Resources Bhd — up three sen or 6.82% to 47 sen
- Southern Score Builders Bhd — up four sen or 15.38% to 30 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.
For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
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