KUALA LUMPUR (Jan 5): theedgemarkets.com highlighted fifteen stocks at Bursa Malaysia’s afternoon close today.  All stocks indicated negative momentum.

They were:

Cymao Holdings Bhd - up eight sen at RM1.48

Elsoft Research Bhd - unchanged at 91.5 sen

Ge-Shen Corp Bhd - up six sen at 94 sen

Insas Bhd - up five sen at RM1

Landmarks Bhd - up 1.5 sen at 37.5 sen

MMS Ventures Bhd - up 20.5 sen at RM1.05

Malaysia Smelting Corp Bhd (MSC) - up eight sen at RM1.48

Oriental Interest Bhd (OIB) - unchanged at RM1.99

Omesti Bhd - up three sen at 57.5 sen

Optimax Holdings Bhd - up seven sen at RM1.07

Pasdec Holdings Bhd - unchanged at 32 sen

SWS Capital Bhd - up 13 sen at 90 sen

Tex Cycle Technology (M) Bhd - up 1.5 sen at 45.5 sen

United U-Li Corp Bhd - up 24 sen at RM1.45

Xian Leng Holdings Bhd - up three sen at 61.5 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.