Tuesday 16 Apr 2024
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KUALA LUMPUR (Jan 20): theedgemarkets.com highlighted 17 stocks at Bursa Malaysia's afternoon break today. 16 stocks indicated negative momentum while one showed positive momentum.

 

The stocks with negative momentum were:

AppAsia Bhd — up 2.5 sen at 74.5 sen

BCB Bhd — up 1.5 sen at 37.5 sen

Berjaya Food Bhd — up four sen at RM1.8

Eita Resources Bhd — up 23 sen at RM2.83

Ge-Shen Corp Bhd — up four sen at RM1.20

Harbour-Link Group Bhd — up 4.5 sen at 97 sen

Integrated Logistics Bhd — up 0.5 sen at 64 sen

JayCorp Bhd — up six sen at RM1.66

Malayan Flour Mills Bhd — up 2.5 sen at 74.5 sen

Optimax Holdings Bhd — up five sen at RM1.13

Pineapple Resources Bhd — up 18.5 sen at 70 sen

Rexit Bhd — up seven sen at RM1.03

Sapura Industrial Bhd — up 0.5 sen at 78.5 sen

TMC Life Sciences Bhd — up 2.5 sen at 75 sen

Tiong Nam Logistics Holdings Bhd — up 4.5 sen at 92 sen

Yoong Onn Corp Bhd — up two sen at 91.5 sen

 

The stocks with positive momentum was:

Xian Leng Holdings Bhd — up four sen at 96.5 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.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com

Edited ByLam Jian Wyn
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