KUALA LUMPUR (March 10): theedgemarkets.com highlighted 15 stocks with momentum at Bursa Malaysia’s afternoon market close today. There were 14 stocks with negative momentum, while one stock displayed positive momentum.

The stock with positive momentum was:
 
REDtone International Bhd – up 5.5 sen at 60 sen

Stocks with negative momentum were:
 
Aluminium Co Of Malaysia Bhd – up five sen at RM1.13

Ancom Bhd – up 1.5 sen at 44.5 sen

BHS Industries Bhd – up two sen at 48 sen

Chemical Co of Malaysia Bhd – up one sen at RM1.43

Damansara Realty Bhd – up 21 sen at 99 sen

Ekovest Bhd – up 17 sen at RM1.46

Global Oriental Bhd – up 1.5 sen at 42 sen

Guoco Malaysia Bhd – up 10 sen at RM1.39

Hwa Tai Industies Bhd – up six sen at 59.5 sen

Iskandar Waterfront City Bhd – up 52 sen at RM2.28

KUB Malaysia Bhd – up 6.5 sen at 62.5 sen

Leweko Resources Bhd – up 1.5 sen at 19.5 sen

Majuperak Holdings Bhd – down 0.5 sen at 33 sen

PCCS Group Bhd – up four sen at 50 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.