Thursday 25 Apr 2024
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KUALA LUMPUR (Nov 3): theedgemarkets.com highlighted six stocks at Bursa Malaysia’s afternoon close today.  Three stocks indicated positive momentum while the remaining three stocks had negative momentum.

The stocks with positive momentum were:

CJ Century Logistics Holdings Bhd – fell 3.5 sen at 43.5 sen

Integrated Logistics Bhd – fell three sen at 50.5 sen

Rex Industry Bhd – rose 1.5 sen at 25.5 sen

The stocks with negative momentum were:

Freight Management Holdings Bhd – fell three sen at 66 sen

Pasdec Holdings Bhd – rose 1.5 sen at 22 sen

Tri-Mode System (M) Bhd – rose half a sen at 46.5 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

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