KUALA LUMPUR (Oct 28): theedgemarkets.com highlighted eight stocks at Bursa Malaysia’s afternoon close today. Seven stocks indicated negative momentum while the remaining one stock had positive momentum.
The stocks with negative momentum were:
Advance Information Marketing Bhd (AIM) – up 1.5 sen at 31.5 sen
Eupe Corp Bhd – up one sen at 68 sen
Latitude Tree Holdings Bhd – up 11 sen at RM2.88
LBI Capital Bhd – up 14 sen at 74 sen
Lee Swee Kiat Group Bhd – up five sen at 60 sen
P.I.E. Industrial Bhd – up eight sen at RM1.88
Wellcall Holdings Bhd – up eight sen at RM1.14
The stock with positive momentum was:
Leader Steel Holdings Bhd – up one sen at 44.5 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.