KUALA LUMPUR (Jan 6): theedgemarkets.com highlighted nineteen stocks at Bursa Malaysia’s afternoon close today.  All stocks indicated negative momentum.

The stocks with negative momentum were:

Amtel Holdings Bhd — up 25 sen at RM2.23

Bertam Alliance Bhd — up two sen at 17 sen

BSL Corp Bhd —  up nine sen at 47.5 sen

Cam Resources Bhd — up 2.5 sen at 42 sen

CN Asia Corp Bhd — down five sen at RM2.30

DGB Asia Bhd — up three sen at 30 sen

EG Industries Bhd — up nine sen at 68 sen

HPMT Holdings Bhd — down 1.5 sen at 45 sen

Ipmuda Bhd — up nine sen at RM1.08

Kobay Technology Bhd — up 41 sen at RM3.50

Kretam Holdings Bhd — up 1.5 sen at 59.5 sen

Leweko Resources Bhd — down one sen at 18 sen

Malaysia Smelting Corp Bhd (MSC) — up 10 sen at RM1.60

Nova MSC Bhd — up 0.5 sen at 10 sen

Omesti Bhd — up two sen at 60 sen

Rex Industry Bhd — up one sen at 27.5 sen

Theta Edge Bhd — up 5.5 sen at 95.5 sen

Toyo Ventures Holdings Bhd — up 41 sen at RM2.60

Xian Leng Holdings Bhd — up four sen at 66 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.

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