Grand-Flo, Jasa Kita, Aimflex, Dynaciate, Pasdec, Sern Kou, Hiap Huat

Grand-Flo, Jasa Kita, Aimflex, Dynaciate, Pasdec, Sern Kou, Hiap Huat
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KUALA LUMPUR (March 3): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia's noon break. Two stocks displayed positive momentum, while the remaining five stocks indicated negative momentum.

 

The stocks with positive momentum were:

Grand-Flo Bhd — down 15 sen to 43 sen

Jasa Kita Bhd — unchanged at 13 sen

 

The stocks with negative momentum were:

Aimflex Bhd — down 3.5 sen to 28 sen

Dynaciate Group Bhd — up half a sen to 14 sen

Pasdec Holdings Bhd — up 1.5 sen to 31 sen

Sern Kou Resources Bhd — up 12 sen to RM2.32

Hiap Huat Holdings Bhd — up 1.5 sen to 14.5 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 prices 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.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com

Lam Jian Wyn