Eng Kah, Eupe, Globaltech Formation, Malaysia Smelting Corp, Multi-Usage, Paragon Union, Rhone Ma, Sarawak Consolidated Industries, Scicom

Eng Kah, Eupe, Globaltech Formation, Malaysia Smelting Corp, Multi-Usage, Paragon Union, Rhone Ma, Sarawak Consolidated Industries, Scicom
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KUALA LUMPUR (Jan 25): theedgemarkets.com highlighted nine stocks at Bursa Malaysia’s afternoon close today. All stocks indicated negative momentum.

The stocks with negative momentum were:

Eng Kah Corp Bhd — up five sen at RM1.97

Eupe Corp Bhd — up five sen at 94 sen

Globaltech Formation Bhd — up six sen at 51 sen

Malaysia Smelting Corp Bhd — up 16 sen at RM1.74

Multi-Usage Holdings Bhd — up three sen at 65.5 sen

Paragon Union bhd — up 23 sen at RM1.20

Rhone Ma Holdings Bhd — up 2.5 sen at 87.5 sen

Sarawak Consolidated Industries Bhd — up five sen at RM2.19

Scicom (MSC) Bhd — down 1.5 sen at 98.5 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