KUALA LUMPUR (Jan 11): theedgemarkets.com highlighted two stocks with positive momentum and 13 stocks with negative momentum at Bursa Malaysia's afternoon close on Wednesday.

The stocks with positive momentum were:

• Notion VTec Bhd — up 3.5 sen or 9.33% at 41 sen
• WCE Holdings Bhd — up two sen or 6.45% at 33 sen

The stocks with negative momentum were:

• Artroniq Bhd — up one sen or 1.2% at 84 sen
• Dayang-C24: Dayang Enterprise Holdings Bhd (KIBB) — up 2.5 sen or 15.15% at 19 sen
• K Seng Seng Corp Bhd — up 15 sen or 9.93% at RM1.66
• LYC Healthcare Bhd — up 1.5 sen or 7.14% at 22 sen
• PA Resources Bhd — up two sen or 6.56% at 32 sen
• Petra Energy Bhd — down 0.5 or 0.56% at 89 sen
• Salcon Bhd — up one sen or 4.76% at 22 sen
• Sasbadi Holdings Bhd — up 0.5 sen or 4.35% at 12 sen
• SEAL Incorporated Bhd — up 0.5 sen or 2.13% at 24 sen
• Solarvest Holdings Bhd — up 1.5 sen or 1.75% at 87 sen
• T7 Global Bhd — unchanged at 35 sen
• TEX Cycle Technology (M) Bhd — down four sen or 6.40% at 58 sen
• Wah Seong Corp Bhd — up five sen or 7.58% at 71 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.

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.