KUALA LUMPUR (Jan 8): theedgemarkets.com highlighted seven stocks at Bursa Malaysia’s afternoon close today. Four stocks indicated negative momentum while three were positive momentum.
The stocks with negative momentum were:
MAA Group Bhd - up one sen at 78.5 sen
CNI Holdings Bhd - down two sen at 10.5 sen
Integrated Logistic Bhd - down one sen at 63.5 sen
Cheetah Holdings Bhd - up 12.5 sen at 78.5 sen
The stocks with positive momentum were:
GUH Holdings Bhd - up 4.5 sen at 51.5 sen
PNE PCB Bhd - up 14.5 sen at 69.5 sen
BSL Corp Bhd - up 2.5 sen at 66 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.