SSB8, K1, Harbour, DNex, Glomac, Evergrn, JCY, Censof, Ranhill, CHHB, Kheesan, Eurosp, MESB, RGTBhd

KUALA LUMPUR (May 27):  theedgemalaysia.com highlighted one stock with positive momentum and 13 stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.

The stock with positive momentum was:

Southern Score Builders Bhd [KL: SSB8] — up 12 sen or 20.69% to 70 sen

The stocks with negative momentum were:

K-One Technology Bhd [KL: K1] — up one sen or 5.71% to 18.5 sen

Harbour-Link Group Bhd [KL: HARBOUR] — up 14 sen or 9.33% to RM1.64

Dagang Nexchange Bhd [KL: DNEX] — up 2.5 sen or 5.56% to 47.5 sen

Glomac Bhd [KL: GLOMAC] — up four sen or 9.41% to 46.5 sen

Evergreen Fibreboard Bhd [KL: EVERGRN] — unchanged at 31 sen

JCY International Bhd [KL: JCY] — up three sen or 6.67% to 48 sen

Censof Holdings Bhd [KL: CENSOF] — up one sen or 3.13% to 33 sen

Ranhill Utilities Bhd [KL: RANHILL] — up 12 sen or 8.28% to RM1.57

Country Heights Holdings Bhd [KL: CHHB] — up half a sen or 1.75% to 29 sen

Khee San Bhd [KL: KHEESAN] — up 3.5 sen or 17.07% to 24 sen

Eurospan Holdings Bhd [KL: EUROSP] — up ten sen or 5.88% to RM1.80

MESB Bhd [KL: MESB] — up half a sen or 1.02% to 49.5 sen

RGT Bhd [KL: RGTBHD] — up 2.5 sen or 8.20% to 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

OTHER NEWS

7 hrs ago

Jayson Tatum admits where Celtics flaws were in Game 4

7 hrs ago

Indianapolis Colts players who are set to become NFL free agents in 2025

7 hrs ago

Russian forces storm detention centre, free guards taken hostage

7 hrs ago

Ukraine summit strives for consensus but way forward uncertain

7 hrs ago

Purple-dressed policewomen on motorcycles to make presence felt in Kota Kinabalu

7 hrs ago

Watching film with Cate Blanchett in Cannes most memorable experience for Malaysian doctor

7 hrs ago

DBKK issues 16 compound notices against developers for operating beyond permitted hours

8 hrs ago

Best Rockstar Games For Mods

8 hrs ago

6 Things You Need To Do When Preparing for a Home Appraisal

8 hrs ago

What is the Biden administration's true goal for the Israeli-Palestinian conflict?

8 hrs ago

Malawians pay tribute to vice-president killed in plane crash

8 hrs ago

A ‘Blade' Timeline: Five Years and Counting for Marvel's Reboot With Mahershala Ali

8 hrs ago

Official: Atalanta Redeem Attacker From AC Milan After Season Long Loan

8 hrs ago

Panthers' Sergei Bobrovsky gets pulled after allowing 5 goals in Stanley Cup Final Game 4

8 hrs ago

Best games by Fallout Creator Tim Cain

9 hrs ago

Aston Martin quizzed on ‘very senior’ F1 staff pursuit amid Ferrari man rumours

9 hrs ago

A millennial and her husband left San Francisco and embarked on 'a grand nomadic tour of the US.' She shares why they ended up moving to Chattanooga, Tennessee.

9 hrs ago

Palestinians ‘in mourning’ as Muslim world marks Eid al-Adha

9 hrs ago

More bite to curb smuggling

9 hrs ago

Look out for frequent customers, Kelantan petrol stations told

10 hrs ago

Higher education ministry unhappy non-citizens involved in UMS water protest

10 hrs ago

Ukraine summit strives for broad consensus to lean on Russia to end war

10 hrs ago

Zii Jia on a high Down Under, grabs 2nd title in 4 tourneys

10 hrs ago

Cops deploy 600 personnel ahead of Sungai Bakap by-election

11 hrs ago

Abang Johari unfazed by criticism of his leadership

11 hrs ago

Red Sox offense rocks Yankees' Carlos Rodon on way to 8-4 win

11 hrs ago

Takeaways from Oilers' Game 4 win in Stanley Cup Final

11 hrs ago

Ministry issues 22 notices to transportation companies in Johor on floating of diesel prices

11 hrs ago

Virginia vs. Florida State schedule, time, TV channel, live stream for 2024 College World Series baseball game

11 hrs ago

Liverpool International Round Up: Robertson and Szoboszlai Both Off to Bad Starts

11 hrs ago

Hunter Goodman has 2 homers, 4 hits and 5 RBIs in Rockies' 16-4 rout of Pirates

11 hrs ago

Sabah’s first woman deputy chief minister dies at 86

11 hrs ago

Gallant run by scratch pair Pei Jing-Chiew Sien ends in final

12 hrs ago

‘The Traitors' Tops Critics Choice Real TV Awards

12 hrs ago

Russia-Ukraine war: List of key events, day 842

12 hrs ago

I’m a ‘Shark Tank’ Fanatic: 5 Ways Barbara Corcoran’s Money Wisdom Helped My Finances

12 hrs ago

Sabah PKR chairman calls Sabahans to reject using non-citizens to rally for rights

12 hrs ago

Chinese actress Fan Bing Bing recommends ‘Durian Cendol’ to Chinese tourists

12 hrs ago

Sabah’s first female chief minister Ariah Tengku Ahmad dies at 86

12 hrs ago

Home minister says citizenship applications for illegitimate and adopted children priority as cases top 15,000