KUALA LUMPUR (Dec 18): theedgemarkets.com has highlighted six stocks with momentum at afternoon market close today. Five stocks showed positive momentum while one stock displayed negative negative momentum.

The stocks with positive momentum was:

CNI Holdings Bhd down 0.5 sen to 13 sen

Pentamaster Corp Bhd up 2 sen to RM2.46

Vertice Bhd unchanged at RM1.14

SC Estate Builder Bhd unchanged at 4 sen

Omesti Bhd up 2 sen to 55 sen

The stocks with negative momentum was:

PUC Bhd up 2.5 sen to 31 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.

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