KUALA LUMPUR (Oct 23): theedgemarkets.com highlighted eight stocks at Bursa Malaysia’s afternoon close today. Five stocks indicated negative momentum while three stocks had positive momentum.
The stocks with negative momentum were:
JF Technology Bhd — up 53 sen at RM5.1
MMC Corp Bhd — up four sen at 78.5 sen
Nationwide Express Holdings Bhd — down 4.5 sen at 26.5 sen
Tasco Bhd — up seven sen at RM2.14
Integrated Logistics Bhd — up three sen at 44 sen
The stocks with positive momentum were:
Asia Media Group Bhd — up two sen at 10.5 sen
Diversified Gateway Solutions Bhd — up 1.5 sen at 20 sen
Eupe Corp Bhd — up 7.5 sen at 65.5 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