KUALA LUMPUR (Oct 23): theedgemarkets.com highlighted eight stocks at Bursa Malaysia’s afternoon close today. Five stocks indicated negative momentum while three stock with positive momentum.
The stocks with negative momentum were:
JF Technology Bhd - up 53sen at RM5.1
MMC Corp Bhd - up four sen at 78.5 sen
Nationwide Express Holdings Bhd - down 4.5 sen at 26.5 sen
Tasco Bhd - up seven sen at RM2.14
Integrated Logistic Bhd - up three sen at 44 sen
The stocks with positive momentum were:
Asia Media Group Bhd - up two sen at 10.5sen
Diversified Gateway Solutions Bhd - up 1.5sen at 20 sen
Eupe Corp Bhd - up 7.5sen at 65.5 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.