KUALA LUMPUR (March 28): theedgemarkets.com highlighted fourteen stocks with momentum at Bursa Malaysia’s noon-break today.

It showed twelve with negative momentum and two with positive momentum.

The stock with negative momentum are:

AE Multi Holdings Bhd  – up 1.5 sen or 8.82% to 18.5 sen

BSL Corp Bhd – up 0.5 sen or 1.41% to 36 sen

ConnectCounty Holdings Bhd – up 1.5 sen or 6%

Efficient E-Solutions Bhd – up 1.5 sen or 3.53% to 44 sen

Excel Force MSC Bhd – up 2 sen or 1.22% to RM1.62

Key Alliance Group Bhd – up 0.5 sen or 9.09% to 6 sen

Peterlabs Holdings Bhd – up 1 sen or 3.64% to 28.5 sen

PWF Consolidated Bhd – up 1.5 sen or 1.7% to 89.5 sen

Sanbumi Holdings Bhd – up 3 sen or 15% to 23 sen

Saudee Group Bhd – down 1 sen or 2.67% to 36.5 sen

Sersol Bhd – up 2 sen or 10.53% to 21 sen

Tong Herr Resources Berhad – up 14 sen or 5.34% to RM2.76

The stock with negative momentum are:

South Malaysia Industries Bhd – Up 1 sen or 5% to 21 sen

Scomi Group Bhd – up 2 sen or 11.11% to 20 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.

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.