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KUALA LUMPUR (Oct 14): theedgemarkets.com highlighted ten stocks at the Bursa Malaysia afternoon close today. Nine stocks indicated negative momentum, while one stock showed positive momentum.
The negative momentum stocks were:
Greenyield Bhd – Up 0.5 sen to 18.5 sen
HPMT Holdings Bhd: up to 2.5sen to 36.5 sen
Heitech Padu Bhd – 11sen down to RM1.49
IQ Group Holdings Bhd: up to 22.5 sen at RM1.13
LKL International Bhd -up nine sen to RM1.19
Malaysian Genomics Resource Center Bhd – up to 3.5sen at 58sen
Metronic Global Bhd: up one sen to 11.5 sen
NTPM Holdings Bhd: up to 3.5sen to 74.5sen
PCCS Group Bhd -up seven sen at 51sen
Actions with positive momentum were:
Salcon Bhd: go up one sen in 24sen
The list of stocks with momentum is generated using a proprietary mathematical algorithm that highlights stocks with an accumulation in trading volume and price. The algorithm differentiates between stocks that exhibit a positive momentum (+ ve) and a negative momentum (-ve).
This list is not a buy or sell recommendation. It simply tells you which stocks are experiencing higher than normal volume and price movements.
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