KUALA LUMPUR (Jan 20): theedgemarkets.com highlighted 17 stocks at Bursa Malaysia's afternoon break today. 16 stocks indicated negative momentum while one showed positive momentum.
The stocks with negative momentum were:
AppAsia Bhd — up 2.5 sen at 74.5 sen
BCB Bhd — up 1.5 sen at 37.5 sen
Berjaya Food Bhd — up four sen at RM1.8
Eita Resources Bhd — up 23 sen at RM2.83
Ge-Shen Corp Bhd — up four sen at RM1.20
Harbour-Link Group Bhd — up 4.5 sen at 97 sen
Integrated Logistics Bhd — up 0.5 sen at 64 sen
JayCorp Bhd — up six sen at RM1.66
Malayan Flour Mills Bhd — up 2.5 sen at 74.5 sen
Optimax Holdings Bhd — up five sen at RM1.13
Pineapple Resources Bhd — up 18.5 sen at 70 sen
Rexit Bhd — up seven sen at RM1.03
Sapura Industrial Bhd — up 0.5 sen at 78.5 sen
TMC Life Sciences Bhd — up 2.5 sen at 75 sen
Tiong Nam Logistics Holdings Bhd — up 4.5 sen at 92 sen
Yoong Onn Corp Bhd — up two sen at 91.5 sen
The stocks with positive momentum was:
Xian Leng Holdings Bhd — up four sen at 96.5 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.
For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com