Stocks with momentum on Jan 12, 2026: Sorento Capital, Mikro MSC, Globaltec Formation, HPMT Holdings, Yong Tai, Golden Land, Iconic Worldwide

TheEdge Mon, Jan 12, 2026 02:19pm - 1 month View Original


KUALA LUMPUR (Jan 12): theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Monday. One showed positive momentum, while another six showed negative momentum.

The stock with positive momentum was:

  • Sorento Capital Bhd (KL:SORENTO) — down by one sen at 60.5 sen

The stocks with negative momentum were:

  • Mikro MSC Bhd (KL:MIKROMB) — up by 1.5 sen at 32.5 sen
  • Globaltec Formation Bhd (KL:GLOTEC) — up by three sen at 73 sen
  • HPMT Holdings Bhd (KL:HPMT) — unchanged at 22 sen
  • Yong Tai Bhd (KL:YONGTAI) — up by one sen at 15.5 sen
  • Golden Land Bhd (KL:GLBHD) — unchanged at 30 sen
  • Iconic Worldwide Bhd (KL:ICONIC) — down by half a sen at eight sen

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.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at www.absolutelystocks.com

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 8.900
GLBHD 0.270
GLOTEC 0.960
HPMT 0.170
ICONIC 0.070
MIKROMB 0.440
SORENTO 0.655
YONGTAI 0.140

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