KUALA LUMPUR (Dec 6): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia's noon market close today. Three stocks displayed positive momentum and four stocks showed negative momentum.

Stocks with positive momentum were:

Accsoft Technology Bhd – up 1 sen at 30.5 sen

Cepatwawasan Group Bhd – up 1.5 sen at 95 sen

Innoprise Plantations Bhd – up 4 sen at RM1.18

Stocks with negative momentum were:

Cocoaland Holdings Bhd – unchanged at RM1.98

Gunung Capital Bhd – down 1 sen at RM3.04

Kumpulan Jetson Bhd – down 0.5 sen at 30.5 sen

SMRT Holdings Bhd – unchanged at 21 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.