Stocks with positive momentum are:
Formosa Prosonic Industries Bhd, up 2.5 sen at 97.5 sen
AirAsia X, up 1 sen at 26 sen
Stocks with negative momentum are:
Al-Salam Real Estate Investment Trust, up half a sen at 96 sen
Atrurmaju Resources Bhd, up 1 sen at RM1.25
Voir Holdings Bhd, up 7 sen at 81 sen
EKA Noodles Bhd, up 1.5 sen at 18.5 sen
Key Alliance Group Bhd, down half a sen to 6 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.)
March 01, 2016
http://www.theedgemarkets.com/my/article/fpi-airasia-x-al-salam-reit-aturmaju-voir-eka-key-alliance
