KUALA LUMPUR (Feb 4): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia's noon market close today. Two stocks displayed positive momentum while four stocks showed negative momentum.

The stocks with positive momentum were:

Vsolar Group Bhd — up 0.5 sen to 15 sen

Carlsberg Brewery Malaysia Bhd — up 70 sen to RM21.20

The stocks with negative momentum were:

Merge Energy Bhd — down 0.5 sen to 87 sen

Carimin Petroleum Bhd — up 10 sen to 84.5 sen

London Biscuits Bhd — up 1 sen to 60.5 sen

Bio Osmo Bhd — up 0.5 sen to 5.5 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