KUALA LUMPUR (Nov 6): theedgemarkets.com highlighted 15 stocks with momentum at Bursa Malaysia's afternoon market close today. It showed two with positive momentum and 13 with negative momentum.

 

The stocks with positive momentum are:

 

Ho Wah Genting Bhd finished the morning trading session unchanged at 13 sen

 

Damansara Realty Bhd up 29 sen or 48.33% 89 sen

 

The stocks with negative momentum are:

 

Sarawak Cable Bhd gained eight sen or 5.23% at RM1.61

 

TPC Plus Bhd rose five sen or 9.43% at 58 sen

 

Poh Kong Holdings Bhd added 1.5 sne or 3% at 51.5 sen

 

Eden Inc. Bhd gained two sen or 8.16% at 26.5 sen

 

Amcorp Properties Bhd up 3.5 sen or 3.74% at 97 sen

 

Cymao Holdings Bhd fell 4.5 sen or 10.47% at 38.5 sen

 

Malton Bhd rose two sen or 2.52% at 81.5 sen

 

Asia File Corp Bhd added 37 sen or 8.41% at RM4.77

 

Borneo Aqua Harvest Bhd climbed 2.5 sen or 2.73% at 94 sen

 

Progressive Impact Corp Bhd dipped 2.5 sen or 10.42% at 21.5 sen

 

Dataprep Holdings Bhd gained one sen or 5.26% at 20 sen 

 

Sern Kou Resources Bhd fell one sen at 66.5 sen

 

Ibraco Bhd rose 12 sen or 11.43% at RM1.17

 

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.