AmProp, ARReit, KTC, Pesona and Sanbumi

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KUALA LUMPUR (Sept 3):  theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. All showed positive momentum.

Stock with positive momentum were:

Amcorp Properties Bhd – unchanged at 75 sen

AmanahRaya Real Estate Investment Trust  – up 1.5 sen or 1.75% at 87 sen

Kim Teck Cheong Bhd – Unchanged at 17.5 sen

Pesona Metro Holdings Bhd  – Unchanged at 32.5 sen

Sanbumi Holdings Bhd  – Unchanged at 18.5 sen

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