Friday 29 Mar 2024
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KUALA LUMPUR (Oct 22): theedgemarkets.com highlighted nine stocks at Bursa Malaysia’s afternoon close today.  Eight stocks indicated negative momentum while two stock with positive momentum.

The stocks with negative momentum were:

BSL Corp Bhd - up 0.5sen at 25.5sen

CJ Century Logistics Holdings Bhd - up 2.5sen at 42.5sen

Freight Management Holdings Bhd - up nine sen at 65sen

JF Technology Bhd - up 24sen at RM4.53

Lee Swee Kiat Group Bhd - down two sen at 50sen

LFE Corp Bhd - up 5.5sen at 26.5sen

Nationwide Express Holdings Bhd - up 16.5sen at 29.5sen

Tri-Mode System (M) Bhd - unchanged at 46sen

The stocks with positive momentum was:

MCE Holdings Bhd - up four sen at RM1.37

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

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