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.