KUALA LUMPUR (Nov 5): theedgemarkets.com highlighted 10 stocks at Bursa Malaysia’s afternoon close today. Eight stocks indicated negative momentum while two stocks with positive momentum.

The stocks with negative momentum were:

Chin Hin Group Bhd – down three sen at RM1.40

Innoprise Plantations Bhd – up five sen at RM1.11

Konsortium Transnasional Bhd (KTB) – up 3.5 sen at 17.5 sen

Lagenda Properties Bhd – up three sen at 99.5 sen

Leader Steel Holdings Bhd – up one sen at 48.5 sen

MHC Plantations Bhd – up three sen at 63 sen

Paragon Union Bhd – up six sen at 52 sen

Salcon Bhd – up two sen at 36 sen

The stocks with positive momentum were:

Ipmuda Bhd – up 18 sen at 62 sen

Techfast Holdings Bhd – up 3.5 sen at 62.5 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.

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