BSL, Cheetah, Edaran, Genetec, Kenanga, Kobay, KPower, OCB, Oversea Enterprise, PMB, Resintech, SCIB, TMC, Toyo, Ge-Shen, Success Transformer

BSL, Cheetah, Edaran, Genetec, Kenanga, Kobay, KPower, OCB, Oversea Enterprise, PMB, Resintech, SCIB, TMC, Toyo, Ge-Shen, Success Transformer
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KUALA LUMPUR (Jan 18): theedgemarkets.com highlighted 16 stocks at Bursa Malaysia’s afternoon close today. 14 stocks indicated negative momentum while two had positive momentum.

The stocks with negative momentum were:

BSL Corp Bhd — up two sen at 73 sen

Cheetah Holdings Bhd — up 1.5 sen at 80.5 sen

Edaran Bhd — up 6.5 sen at 51 sen

Genetech Technology Bhd — up 60 sen at RM2.63

Kenanga Investment Bank Bhd — up five sen at RM1.14

Kobay Technology Bhd  — up 72 sen at RM5.07

KPower Bhd — up 22 sen at RM2.79

OCB Bhd — up five sen at 67.5 sen

Oversea Enterprise Bhd — up two sen at 76 sen

PMB Technology Bhd — up 45 sen at RM5.15

Resintech Bhd — up 5.5 sen at 43 sen

Sarawak Consolidated Industries Bhd (SCIB) — up 34 sen at RM2.04

TMC Life Sciences Bhd — up 4.5 sen at 72.5 sen

Toyo Ventures Holdings Bhd — up 21 sen at RM2.86

The stocks with positive momentum were:

Ge-Shen Corp Bhd — up 22 sen at RM1.17

Success Transformer Corp Bhd — up nine sen at 82 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