Central Global, Eita Resources, Federal Intl Holdings, Hwa Tai, Paragon Union, Rhone Ma, Sarawak Consolidated Industries

Central Global, Eita Resources, Federal Intl Holdings, Hwa Tai, Paragon Union, Rhone Ma, Sarawak Consolidated Industries
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KUALA LUMPUR (Jan 26): theedgemarkets.com highlighted seven stocks at Bursa Malaysia’s afternoon close today. Six stocks indicated negative momentum while one stock indicated positive momentum.

The stocks with negative momentum were:

Central Global Bhd — up 10 sen at 80 sen

Eita Resources Bhd — up 28 sen at RM3.33

Federal Intl Holdings Bhd — up six sen at 54.5 sen

Hwa Tai Industries Bhd — up 18.5 sen at 65 sen

Paragon Union Bhd — up eight sen at RM1.35

Rhone Ma Holdings Bhd — up nine sen at 97 sen

The stock with positive momentum was:

Sarawak Consolidated Industries Bhd — up 21 sen at RM2.33

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