KUALA LUMPUR (June 7): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed three with positive momentum and six with negative momentum.

The stocks with positive momentum were:

Frontken Corporation Bhd – up 2.5 sen at 31.5 sen

Sarawak Cable Bhd – up 6 sen at RM1.23

Ta Win Holdings Bhd – up 1 sen at RM1.13

Stocks with negative momentum were:

G Neptune Bhd – up 0.5 sen at 8 sen

Ornapaper Bhd – up 9 sen at RM1.22

Tekala Corporation Bhd – up 2.5 sen at 60 sen

Chuan Huat Resources Bhd – up 3 sen at 64 sen

Atta Global Bhd – up 6 sen at RM1.37

Superlon Holdings Bhd – up 2 sen at RM1.93

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.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum.