KUALA LUMPUR (Jan 13): theedgemarkets.com highlighted 15 stocks at Bursa Malaysia’s afternoon close today. 14 stocks indicated negative momentum while one has positive momentum.
The stocks with negative momentum were:
Bumi Armada Bhd - up two sen at 36.5 sen
BSL Corp Bhd - up 7.5 sen at 66 sen
Cymao Holdings Bhd - up 19 sen at RM1.79
Elsoft Research Bhd - up six sen at 97.5 sen
Greatech Technology Bhd - up 24 sen at RM5.21
GUH Holdings Bhd - up four sen at 55 sen
Hong Seng Consolidated Bhd - up 13 sen at RM1.28
KPower Bhd - up 13 sen at RM2.19
Lagenda Properties Bhd - up 16 sen at RM1.37
Muda Holdings Bhd - up 18 sen at RM3.26
Oriental Interest Bhd - up 20 sen at RM2.6
Pinehill Pacific Bhd - up 5.5 sen at 50.5 sen
PNE PCB Bhd - up nine sen at 71.5 sen
Scomi Group Bhd - up half a sen at 3.5 sen
The stock with positive momentum was:
Sunzen Biotech Bhd - up three sen at 20.5 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.