Stocks With Momentum Quill Capita Trust, Tek Seng, Eurospan, JAG, OKA, Sona Petroleum

by **Cals** Wed 17 Feb 2016, 01:28

Stocks With Momentum

[size=28]Quill Capita Trust, Tek Seng, Eurospan, JAG, OKA, Sona Petroleum

By Tan Siew Mung / theedgemarkets.com | February 16, 2016 : 1:20 PM MYT

KUALA LUMPUR (Feb 16): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon market close today. The list showed two stocks with positive momentum and four with negative momentum.

The stocks with positive momentum are:

Quill Capita Trust — unchanged at RM1.08

Tek Seng Holdings Bhd — up 9 sen at RM1.21

The stocks with negative momentum are:

Eurospan Holdings Bhd — down 1.5 sen at 80 sen

JAG Bhd — unchanged at 12.5 sen

OKA Corp Bhd — up 2.5 sen at 94 sen

Sona Petroleum Bhd — unchanged at 46 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.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations. Go to [size=15][You must be registered and logged in to see this link.] for details on a company’s financial dashboard.)[/size]
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