Friday 29 Mar 2024
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KUALA LUMPUR (Jan 14): theedgemarkets.com highlighted 11 stocks at Bursa Malaysia’s afternoon close today. Eight stocks indicated negative momentum while three had positive momentum.

The stocks with negative momentum were:

Asia File Corp Bhd — up five sen at RM2.16

BSL Corp Bhd — up two  sen at 69.5 sen

Formosa Prosonic Industries Bhd — up 16 sen at RM2.5

Inari Amertron Bhd — up 11 sen at RM2.86

Pineapple Resources Bhd — down 3.5 sen at 45 sen

Toyo Ventures Holdings Bhd — up 37 sen at RM2.7

Xian Leng Holdings Bhd — up 4.5 sen at 75.5 sen

YBS International Bhd — up 2.5 sen at 21 sen

The stocks with positive momentum were:

KPower Bhd — up 22 sen at RM2.44

PRG Holdings Bhd — up three sen at 22.5 sen

Sarawak Consolidated Industries Bhd — up nine sen at RM1.68

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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