FoundPac, PGF, Hwa Tai, AT, ViTrox, N2N, K-One, Key Asic, Inari, QES, ACO, Agmo, SNS, KGW, Unisem, BAuto, Xin Synergy, Dufu, CFM

TheEdge Thu, Jun 13, 2024 01:17pm - 1 year View Original


KUALA LUMPUR (June 13): theedgemalaysia.com highlighted 19 stocks with momentum at Bursa Malaysia’s afternoon close on Thursday. 18 stocks showed negative momentum, while only one stock showed positive momentum.

The stock with positive momentum was:

  • FoundPac Group Bhd (KL:FPGROUP) — up half a sen or 1.16% at 43.5 sen

The stocks with negative momentum were:

  • PGF Capital Bhd (KL:PGF) — down one sen or 0.45% at RM2.23
  • Hwa Tai Industries Bhd (KL:HWATAI) — down 2.5 sen or 3.91% at 61.5 sen
  • AT Systematization Bhd (KL:AT) — down one sen or 4.35% at 22 sen
  • ViTrox Corp Bhd (KL:VITROX) — up 10 sen or 2.22% at RM4.60
  • N2N Connect Bhd (KL:N2N) — unchanged at 58 sen
  • K-One Technology Bhd (KL:K1) — up 1.5 sen or 8.11% at 20 sen
  • Key Asic Bhd (KL:KEYASIC) — unchanged at 6.5 sen
  • Inari Amertron Bhd (KL:INARI) — up six sen or 1.58% at RM3.86
  • QES Group Bhd (KL:QES) — up half a sen or 0.69% at 73.5 sen
  • ACO Group Bhd (KL:ACO) — up one sen or 4.08% at 25.5 sen
  • Agmo Holdings Bhd (KL:AGMO) — up eight sen or 12.7% at 71 sen
  • SNS Network Technology Bhd (KL:SNS) — down 2.5 sen or 2.86% at 85 sen
  • KGW Group Bhd (KL:KGW) — unchanged at 25.5 sen
  • Unisem (M) Bhd (KL:UNISEM) — up 13 sen or 3.05% at RM4.39
  • Bermaz Auto Bhd (KL:BAUTO) — up two sen or 0.79% at RM2.55
  • Xin Synergy Group Bhd (KL:XIN) — down half a sen or 2.56% at 19 sen
  • Dufu Technology Corp Bhd (KL:DUFU) — up seven sen or 2.64% at RM2.72
  • Computer Forms (Malaysia) Bhd (KL:CFM) — up 1.5 sen or 10.7% at 15.5 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 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.






Related Stocks

ACO 0.175
AGMO 0.310
BAUTO 0.835
BURSA 8.830
CFM 0.065
CFM-WA 0.005
DUFU 1.380
ERDASAN 0.080
FPGROUP 0.285
HWATAI 0.410
INARI 1.320
K1 0.120
KEYASIC 0.030
KGW 0.115
N2N 0.335
PGF 1.800
QES 0.385
SNS 0.425
UNISEM 2.810
VITROX 4.330
XIN 0.195

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