Boilermech, JF Technology, Leader Steel, Unisem, Hwa Tai

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KUALA LUMPUR (Oct 27): theedgemarkets.com highlighted five stocks at Bursa Malaysia’s afternoon close today.  Four stocks indicated negative momentum while only one stock had positive momentum.

The stocks with negative momentum were:

Boilermech Holdings Bhd – up six sen at 71 sen

JF Technology Bhd – down 36 sen at RM4.44

Leader Steel Holdings Bhd – up three sen at 42.5 sen

Unisem (M) Bhd – up 33 sen at RM5.23

The stock with positive momentum was:

Hwa Tai Industries Bhd – up 1.5 sen at 35 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

Surin Murugiah