SC Estate, Hil, G Neptune, MUI Properties, GETS, Minho, VS, Bintai, Niche Capital Emas

SC Estate, Hil, G Neptune, MUI Properties, GETS, Minho, VS, Bintai, Niche Capital Emas
-A +A

KUALA LUMPUR (Aug 18): theedgemarkets.com highlighted nine stocks at Bursa Malaysia’s afternoon close today. Two stocks displayed positive momentum while seven indicated negative momentum.

Stocks with positive momentum were :

SC Estate Builder Bhd - up two sen at seven sen

Hil Industries Bhd - up seven sen at 87 sen

Stocks with negative momentum were :

G Neptune Bhd - up one sen at seven sen

MUI Properties Bhd - up 7.5 sen at 37.5 sen

GETS Global Bhd - up 2.5 sen at 15 sen

Minho (M) Bhd - down 1.5 sen at 33 sen

V.S. Industry Bhd - unchanged at RM1.64

Bintai Kinden Corp Bhd - up nine sen at 30 sen

Niche Capital Emas Holdings Bhd - up 4.5 sen at 33 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