KUALA LUMPUR (March 17): theedgemarkets.com highlighted 30 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and 29 with negative momentum.

The stock with positive momentum was:
 
Emico Holdings Bhd – up 4.5 sen at 32.5 sen
 
Stocks with negative momentum were :
 
Borneo Oil Bhd – unchanged at 18.5 sen
 
TSR Capital Bhd – up two sen at 60.5 sen
 
Kretam Holdings Bhd – up one sen at 67.5 sen
 
Oversea Enterprise Bhd – up one sen at 25 sen
 
Hai-O Enterprise Bhd – up nine sen at RM4.85

Bright Packaging Industry Bhd – up one sen at 36.5 sen
 
Dataprep Holdings Bhd – up 11 sen at 38 sen
 
Insas Bhd – up 1.5 sen at 92 sen
 
Olympia Industries Bhd – up two sen at 14 sen
 
Amalgamated Industrial Steel Bhd – unchanged at 50 sen
 
NWP Holdings Bhd – up two sen at 26 sen
 
Century Logistics Holdings Bhd – up five sen at 97.5 sen
 
Tasco Bhd – up six sen at RM2.02
 
Bintai Kinden Corp Bhd – up 0.5 sen at 24 sen
 
Euro Holdings Bhd – unchanged at 25 sen
 
Luster Industries Bhd – up 0.5 sen at 11 sen
 
Subur Tiasa Holdings Bhd – unchanged at RM1.45
 
Ancom Bhd – up 0.5 sen at 46 sen
 
Global Oriental Bhd – up 0.5 sen at 45 sen

Diversified Gateway Solutions Bhd – up 0.5 sen at 5 sen
 
LPI Capital Bhd – up 12 sen at RM17.06
 
Chin Well Holdings Bhd – up four sen at RM1.77
 
JF Technology Bhd – up two sen at 58 sen
 
LNG Resources Bhd – unchanged at 20.5 sen
 
Ivory Properties Group Bhd – up 3.5 sen at 55.5 sen
 
Turiya Bhd – unchanged at 19 sen
 
Crescendo Corp Bhd – up one sen at RM1.60
  
Anzo Holdings Bhd – up one sen at 33 sen
 
Magni-Tech Industries Bhd – up one sen at RM5.17
 
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.