KUALA LUMPUR (Jan 11): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia's afternoon market close today. All of the stocks highlighted were with negative momentum.

Stocks with negative momentum were:

Benalec Holdings Bhd fell 1.5 sen or 3.37% to 43 sen

Boon Koon Group Bhd up one sen or 7.69%% to 14 sen

Connectcounty Holdings Bhd rose 0.5 sen or 3.70% to 14 sen

Frontken Corporation Bhd was unchanged at 18.5 sen

GFM Services Bhd was unchanged at 47.5 sen

Notion Vtec Bhd rose 4.5 sen or 7.14% to 67.5 sen

Progressive Impact Corp Bhd up 1.5 sen or 10% to 16.5 sen

Privasia Technology Bhd up one sen or 5.88% at 18 sen

Wintoni Group Bhd up 0.5 sen or 12.5% to 4.5 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.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum.