KUALA LUMPUR (Nov 2): theedgemarkets.com highlighted six stocks at Bursa Malaysia’s afternoon close today. Four stocks indicated negative momentum while two stocks had positive momentum.
The stocks with negative momentum were:
CJ Century Logistics Holdings Bhd – up 3.5 sen at 43.5 sen
Leader Steel Holdings Bhd – up six sen at 50 sen
Nationwide Express Holdings Bhd – up 20 sen at 79.5 sen
Quality Concrete Holdings Bhd – up eight sen at RM1
The stocks with positive momentum were:
Freight Management Holdings Bhd – up two sen at 65 sen
Wellcall Holdings Bhd – up eight sen at RM1.13
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.