KUALA LUMPUR (Feb 25): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia's afternoon close today. One displayed positive while five displayed negative momentum.

The stock with positive momentum were:

Kanger International Bhd – up 0.5 sen to 10.5 sen

The stock with negative momentum were:

Avillion Bhd – up 0.5 sen to 16 sen

JAG Bhd – up 0.5 sen to 4.5 sen

NWP Holdings Bhd – up two sen to 22 sen

Omesti Bhd – up 1.5 sen to 62.5 sen

Rubberex Corp (M) Bhd – up three sen to 67 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