KUALA LUMPUR (Oct 30): Theedgemarkets.com highlighted seven stocks at Bursa Malaysia's afternoon close today. Six stocks indicated negative momentum while the remaining one stock showed positive momentum.
The stocks with negative momentum were:
CJ Century Logistics Holdings Bhd — up three sen at 40 sen
Diversified Gateway Solutions Bhd — up three sen at 25.5 sen
Eng Kah Corp Bhd — unchanged at RM1
Freight Management Holdings Bhd — up half a sen at 62.5 sen
Nationwide Express Holdings Bhd — up 21 sen at 50.5 sen
Subur Tiasa Holdings Bhd — unchanged at 65 sen
The stock with positive momentum was:
LBI Capital Bhd — up 1.5 sen at 62.5 sen
The list of Stocks with Momentum is generated using a proprietary mathematical algorithm highlighting stocks with a buildup 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.