KUALA LUMPUR (Nov 9): theedgemarkets.com highlighted eight stocks at Bursa Malaysia’s afternoon close today. Five stocks indicated negative momentum while three stocks had positive momentum.

The stocks with negative momentum were:

Artroniq Bhd – up 1.5 sen at 22 sen

Atrium Real Estate Investment Trust – unchanged at RM1.12

Homeritz Corp Bhd – up 5.5 sen at 93 sen

Kelington Group Bhd – up four sen at RM1.31

Latitude Tree Holdings Bhd – up 39 sen at RM3.90

The stocks with positive momentum were:

MCE Holdings Bhd – up eight sen at RM1.56

Rexit Bhd – up two sen at 80 sen

Tecnodex Bhd – up 2.5 sen at 20.5 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.