KUALA LUMPUR (Oct 20): theedgemarkets.com highlighted twelve stocks at Bursa Malaysia’s afternoon close today. Ten stocks indicated negative momentum while two stocks showed positive momentum.
The stocks with negative momentum were:
Dataprep Holdings Bhd - down three sen at 23.5 sen
Eonmetall Group Bhd - up eight sen at 47.5 sen
GETS Global Bhd - up 29.5 sen at RM1.12
Grand Hoover Bhd - up 4.5 sen at 81.5 sen
Leader Steel Holdings Bhd - up 5.5 sen at 39.5 sen
Luster Industries Bhd - up 3.5 sen at 26 sen
MTAG Group Bhd - up 5.5 sen at 84 sen
South Malaysia Industries Bhd (SMIB) - up one sen at 20.5 sen
SMRT Holdings Bhd -up o.5 sen at 13 sen
Wellcall Holdings Bhd - up four sen at RM1.02
The stocks with positive momentum were:
Karex Bhd - up 18sen at 99.5sen
Salcon Bhd - up 3.5 sen at 38.5sen
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