Friday 19 Apr 2024
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KUALA LUMPUR (Oct 20): theedgemarkets.com highlighted twelve stocks at Bursa Malaysia’s afternoon close today.  Ten stocks indicated negative momentum while two stocks showed positive momentum.

The stocks with negative momentum were:

Dataprep Holdings Bhd - down three sen at 23.5 sen

Eonmetall Group Bhd - up eight sen at 47.5 sen

GETS Global Bhd - up 29.5 sen at RM1.12

Grand Hoover Bhd - up 4.5 sen at 81.5 sen

Leader Steel Holdings Bhd - up 5.5 sen at 39.5 sen

Luster Industries Bhd - up 3.5 sen at 26 sen

MTAG Group Bhd - up 5.5 sen at 84 sen

South Malaysia Industries Bhd (SMIB) - up one sen at 20.5 sen

SMRT Holdings Bhd -up o.5 sen at 13 sen

Wellcall Holdings Bhd - up four sen at RM1.02

The stocks with positive momentum were:

Karex Bhd - up 18sen at 99.5sen

Salcon Bhd - up 3.5 sen at 38.5sen

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 BySurin Murugiah
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