Ajiya, Asian Pac, BIMB, Bio Osmo, Box-Pak, Chin Hin, DRealty, FGV, G3 Global, Heveaboard, Jaycorp, Karex, Sterling Progress, Turbo-Mech, WCE

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KUALA LUMPUR (April 10): theedgemarkets.com highlighted 15 stocks with momentum at Bursa Malaysia's noon market close today. Of this, 14 stocks displayed positive momentum while one stock showed negative momentum.

The stocks with positive momentum were:

G3 Global Bhd – up 1.5 sen to 79 sen

The stocks with negative momentum were:

Ajiya Bhd – up 1.5 sen to 57 sen

Asian Pac Holdings Bhd – up 2 sen to 14 sen

BIMB Holdings Bhd Bhd – unchanged at RM4.40

Bio Osmo Bhd – up 0.5 sen to 7 sen

Box-Pak (Malaysia) Bhd – unchanged at RM1.10

Chin Hin Group Bhd – up 0.5 sen to 79 sen

Damansara Realty Bhd – up 1.5 sen to 54 sen

FGV Holdings Bhd – up 5 sen to RM1.31

Hevaboard Bhd – up 2 sen to 68 sen

Jaycorp Bhd – down 0.5 sen to 98 sen

Karex Bhd – up 4 sen to 51 sen

Sterling Progress Bhd – up 1 sen to 20 sen

Turbo-Mech Bhd – up 2 sen to 81 sen

WCE Holdings Bhd – up 1.5 sen to 61.5 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.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com