Lambo, NetX, IFCAMSC, NovaMSC, AT, Daya, Trive, Appasia, Greenyb, TFP, Oversea, Matang, Mestron, istone, Tanco, PMCorp, TSRCap, Yilai, Evergrn, Alam, Cnouhua, CHHB, P&O, Pworth, BTM, Goodway, Hwatai, Texchem, Brem, Theta

-A +A

KUALA LUMPUR (Aug 11): theedgemarkets.com highlighted 30 stocks with negative momentum at Bursa Malaysia's afternoon close today.

Stocks with negative momentum were:

Alam Maritim Resources Bhd – up two sen at 11.5 sen

AppAsia Bhd – up 15 sen at 83 sen

AT Systematization Bhd – up two sen at 14 sen

Brem Holding Bhd – up four sen at 82.5 sen

BTM Resources Bhd – up one sen at 21.5 sen

Country Heights Holdings Bhd – unchanged at RM1.07

China Ouhua Winery Holdings Limited – up half a sen at 6.5 sen

Daya Materials Bhd – up half a sen at 2.5 sen

Evergreen Fibreboard Bhd – up 1.5 sen at 23 sen

Goodway Integrated Industries Bhd – up four sen at 24.5 sen

Greenyield Bhd – up 1.5 sen at 18.5 sen

Hwa Tai Industries Bhd – down 1.5 sen at 33 sen

IFCA MSC Bhd – unchanged at 48 sen

I-Stone Group Bhd – up 1.5 sen at 31 sen

Lambo Group Bhd – down half a sen at seven sen

Matang Bhd – unchanged at 9.5 sen

Mestron Holdings Bhd – up half a sen at 22 sen

NetX Holdings Bhd – up half a sen at 2.5 sen

Nova MSC Bhd – up half a sen at 9.5 sen

Oversea Enterprise Bhd – up 9.5 sen at 87.5 sen

Pacific & Orient Bhd – down one sen at 80 sen

Pan Malaysia Corp Bhd – up 1.5 sen at 15.5 sen

Priceworth International Bhd – unchanged at four sen

Tanco Holdings Bhd – up half a sen at seven sen

Texchem Resources Bhd – down nine sen at 91 sen

TFP Solutions Bhd – up one sen at 14.5 sen

Theta Edge Bhd – down two sen at 45.5 sen

Trive Property Group Bhd – down half a sen at 2.5 sen

TSR Capital Bhd – up 1.5 sen at 28.5 sen

Yi-Lai Bhd – up six sen at RM1.06

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