KUALA LUMPUR (Jan 12): theedgemarkets.com highlighted five stocks at Bursa Malaysia’s afternoon close today. Three stocks indicated negative momentum while two demonstrated positive momentum.
The stocks with negative momentum were:
PNE PCB Bhd — down 7.5 sen at 68.5 sen
Silver Ridge Holdings Bhd — up one sen at 60.5 sen
EG Industries Bhd — up one sen at 70 sen
The stocks with positive momentum were:
KPower Bhd — down 11 sen at RM2.07
Paragon Union Bhd — up seven sen at 90 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