KUALA LUMPUR (Feb 7): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia's noon market close today. One stock displayed positive momentum while five stocks showed negative momentum.

The stocks with positive momentum were:

Focus Lumber Bhd - up 10 sen to RM1.74

The stocks with negative momentum were:

Vsolar Group Bhd - up one sen to 16 sen

Carimin Petroleum Bhd - up 1.5 sen to 86 sen

MKH Bhd - down one sen to RM1.22

Komarkcorp Bhd - up 0.5 sen to 19.5 sen

KKB Engineering Bhd - up four sen to 96 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. The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell.  Note also that momentum generally only persists for a short period of time.

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