KUALA LUMPUR (Dec 18): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia's afternoon close today. All displayed negative momentum.

The stock with negative momentum were:

Foundpac Group Bhd - fell 5.5sen at 73.5 sen

GDB Holdings Bhd - fell 1.5 sen at 56.5 sen

i-Stone Bhd - up 0.5 sen at 25 sen

JCY International Bhd - up one sen at 24.5 sen

JF Technology Bhd - up one sen at RM1.42

Protasco Bhd - up two sen at 36.5 sen

Rimbunan Sawit Bhd - fell half a sen at 33.5 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.