KUALA LUMPUR (Nov 11): theedgemarkets.com highlighted 12 stocks at Bursa Malaysia’s noon market break today. Eleven stocks displayed negative momentum while only one stock had positive momentum.
The stocks with negative momentum were:
AT Systematization Bhd – up seven sen at 26 sen
ConnectCounty Holdings Bhd – up 3.5 sen at 19 sen
Kelington Group Bhd – up nine sen at RM1.45
Kim Loong Resources Bhd – up three sen at RM1.45
Kretam Holdings Bhd – up three sen at 59 sen
MMC Corp Bhd – up two sen at 83 sen
Malaysia Smelting Corp Bhd – up eight sen at 78 sen
Nationwide Express Holdings Bhd – up 4.5 sen at 62.5 sen
Ornapaper Bhd – up three sen at RM1.24
PJBumi Bhd – up 3.5 sen at 30.5 sen
Spring Art Holdings Bhd – up 2.5 sen at 32.5 sen
The stock with positive momentum was:
Latitude Tree Holdings Bhd – up 11 sen at RM4.01
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.