Saturday 27 Apr 2024
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KUALA LUMPUR (Nov 4): theedgemarkets.com highlighted nine stocks at Bursa Malaysia’s afternoon close today. Seven stocks indicated negative momentum while the remaining two stocks showed negative momentum.

The stocks with negative momentum were:

Eurospan Holdings Bhd – rose 1.5 sen at 66 sen

Innoprise Plantations Bhd – rose four sen at RM1.07

Jaycorp Bhd – rose 22 sen at RM1.52

Nationwide Express Holdings Bhd – rose eight sen at 70 sen

Pinehill Pacific Bhd – unchanged at 44 sen

SMIS Corp Bhd – rose three sen at 49 sen

Tafi Industries Bhd – rose 2.5 sen at 60.5 sen

The stocks with positive momentum were:

Salcon Bhd – fell half a sen at 33.5 sen

Spring Art Holdings Bhd – unchanged at 27.5 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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