Avi, BIG, BTech, BTM, Compugt, Fintec, GPA, iDimension, Jiankun, JKGLand, Johan, Kenanga, LFECorp, Media, MegaSun, MFlour, Milux, MNC, NWP, Oversea, PA, PasukGB, Saudee, SMTrack, Tadmax, Vsolar, YKGI, YongTai

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KUALA LUMPUR (Aug 10): theedgemarkets.com highlighted 28 stocks with negative momentum at Bursa Malaysia's afternoon close today.

Stocks with negative momentum were:

Avillion Bhd – up 1.5 sen at 10 sen

B.I.G. Industries Bhd – up six sen at 42 sen

Brite-Tech Bhd – up 18.5 sen at 56.5 sen

BTM Resources Bhd – up two sen at 19 sen

Compugates Holdings Bhd – up 1.5 sen at 4.5 sen

Fintec Global Bhd – up 1.5 sen at 14 sen

GPA Holdings Bhd – up seven sen at 20.5 sen

iDimension Consolidated Bhd – up two sen at nine sen

Jiankun International Bhd – up two sen at 45 sen

JKG Land Bhd – up one sen at nine sen

Johan Holdings Bhd – up 10 sen at 23 sen

Kenanga Investment Bank Bhd – up 1.5 sen at 85 sen

LFE Corp Bhd – up three sen at 22.5 sen

Media Prima Bhd – up 2.5 sen at 20.5 sen

Mega Sun City Holdings Bhd – up 1.5 sen at 14.5 sen

Malayan Flour Mills Bhd – down 10.5 sen at 56 sen

Milux Corp Bhd – up 30 sen at RM2.16

MNC Wireless Bhd – up one sen at 7.5 sen

NWP Holdings Bhd – up one sen at 19 sen

Oversea Enterprise Bhd – up 15.5 sen at 77 sen

P.A. Resources Bhd – up one sen at nine sen

Pasukhas Group Bhd – up 1.5 sen at 8.5 sen

Saudee Group Bhd – up 8.5 sen at 54.5 sen

SMTrack Bhd – up 20.5 sen at 48.5 sen

Tadmax Resources Bhd – up six sen at 35 sen

Vsolar Group Bhd – up one sen at six sen

YKGI Holdings Bhd – up 1.5 sen at 13 sen

Yong Tai Bhd – up two sen at 15.5 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.

The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell.  Note also that momentum generally only persists for a short period of time.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com