KUALA LUMPUR (Oct 27): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed two stocks with positive momentum and five with negative momentum.

Stocks with positive momentum were :
 
Visdynamics Holdings Bhd - up two sen at 24.5 sen
 
Cepatwawasan Group Bhd – unchanged at 80.5 sen
 
Stocks with negative momentum were:
 
Tasco Bhd – up one sen at RM1.56
 
Sasbadi Holdings Bhd - up five sen at RM1.28
 
Solution Engineering Bhd – down 1.5 sen at 27.5 sen
 
Kobay Technology Bhd – up 10 sen at RM1.64
 
Nexgram Holdings Bhd – unchanged at 5.5 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. 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.