KUALA LUMPUR (Oct 26): theedgemarkets.com highlighted seven stocks with negative momentum at Bursa Malaysia’s afternoon close today.

The stocks with negative momentum were:

ATA IMS Bhd – up three sen at RM2.30

Boilermech Holdings Bhd – up 2.5 sen at 65 sen

Eupe Corp Bhd – up half a sen at 64.5 sen

Oriental Interest Bhd – down two sen at RM1.71

Paragon Union Bhd – up 18 sen at 54.5 sen

Tasco Bhd – down four sen at RM2.26

Unisem (M) Bhd – up 57 sen at RM4.97

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.