KUALA LUMPUR (Oct 22): theedgemarkets.com highlighted nine stocks at Bursa Malaysia’s afternoon close today. Eight stocks indicated negative momentum while two stock with positive momentum.
The stocks with negative momentum were:
BSL Corp Bhd - up 0.5sen at 25.5sen
CJ Century Logistics Holdings Bhd - up 2.5sen at 42.5sen
Freight Management Holdings Bhd - up nine sen at 65sen
JF Technology Bhd - up 24sen at RM4.53
Lee Swee Kiat Group Bhd - down two sen at 50sen
LFE Corp Bhd - up 5.5sen at 26.5sen
Nationwide Express Holdings Bhd - up 16.5sen at 29.5sen
Tri-Mode System (M) Bhd - unchanged at 46sen
The stocks with positive momentum was:
MCE Holdings Bhd - up four sen at RM1.37
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.