Friday 26 Apr 2024
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KUALA LUMPUR (Jan 13): theedgemarkets.com highlighted 15 stocks at Bursa Malaysia’s afternoon close today. 14 stocks indicated negative momentum while one has positive momentum.

The stocks with negative momentum were:

Bumi Armada Bhd - up two sen at 36.5 sen

BSL Corp Bhd - up 7.5 sen at 66 sen

Cymao Holdings Bhd - up 19 sen at  RM1.79

Elsoft Research Bhd - up six sen at 97.5 sen

Greatech Technology Bhd - up 24 sen at RM5.21

GUH Holdings Bhd - up four sen at 55 sen

Hong Seng Consolidated Bhd - up 13 sen at RM1.28

KPower Bhd - up 13 sen at RM2.19

Lagenda Properties Bhd - up 16 sen at RM1.37

Muda Holdings Bhd - up 18 sen at RM3.26

Oriental Interest Bhd - up 20 sen at RM2.6

Pinehill Pacific Bhd - up 5.5 sen at 50.5 sen

PNE PCB Bhd - up nine sen at 71.5 sen

Scomi Group Bhd - up half a sen at 3.5 sen

The stock with positive momentum was:

Sunzen Biotech Bhd - up three sen at 20.5 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

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