KUALA LUMPUR (Oct 26): theedgemarkets.com highlighted seven stocks with negative momentum at Bursa Malaysia’s afternoon close today.
The stocks with negative momentum were:
ATA IMS Bhd – up three sen at RM2.30
Boilermech Holdings Bhd – up 2.5 sen at 65 sen
Eupe Corp Bhd – up half a sen at 64.5 sen
Oriental Interest Bhd (OIB) – down two sen at RM1.71
Paragon Union Bhd – up 18 sen at 54.5 sen
Tasco Bhd – down four sen at RM2.26
Unisem (M) Bhd – up 57 sen at RM4.97
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