Stocks With Momentum Niche Capital, Ni Hsin, KLK, F&N, Pan Malaysia, JAG, Notion VTec

by **Cals** Fri 19 Feb 2016, 03:33

Stocks With Momentum

[size=28]Niche Capital, Ni Hsin, KLK, F&N, Pan Malaysia, JAG, Notion VTec

By Kamarul Anwar / theedgemarkets.com | February 18, 2016 : 2:31 PM MYT

KUALA LUMPUR (Feb 18): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and six with negative momentum.

The stock with positive momentum is:

Niche Capital Emas Holdings Bhd – up one sen at 14 sen

The stocks with negative momentum are:

Ni Hsin Resources Bhd – up one sen at 34 sen

Kuala Lumpur Kepong Bhd – up 46 sen at RM24.12

Fraser & Neave Holdings Bhd – up two sen at RM19.70

Pan Malaysia Corp Bhd – up half a sen at 30.5 sen

JAG Bhd – unchanged at 13 sen

Notion VTec Bhd – unchanged at 42 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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