KUALA LUMPUR (March 14): theedgemarkets.com highlighted 18 stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed two with positive momentum and 16 with negative momentum.

Stocks with positive momentum:

Malayan United Industries Bhd up 1 sen at 18.5 sen

Luster Industries Bhd up 1.5 sen at 11 sen

Stocks with negative momentum were:

Thriven Global Bhd up 1 sen at 24.5 sen

Tecnic Group Bhd up 10 sen at RM1.10

Sand Nisko Capital Bhd up 0.5 sen at 27 sen

Bio Osmo Bhd up 2.5 sen at 9 sen

Country View Bhd down 4 sen at RM1.67

Prinsiptek Corp Bhd up 1 sen at 17 sen

Plastrade Technology Bhd up 2 sen at 26.5 sen

JCY International Bhd up 2 sen at 66.5 sen

D&O Green Technologies Bhd down 3 sen at 56.5 sen

Wong Engineering Corp Bhd down 1 sen at 68 sen

Hai-O Enterprise Bhd up 10 sen at RM4.63

ConnectCounty Holdings Bhd up 1 sen at 19.5 sen

Pan Malaysia Corp Bhd up 1 sen at 18.5 sen

Scope Industries Bhd up 1 sen at 23 sen

Digistar Corp Bhd up 1.5 sen at 20.5 sen

Wellcall Holdings Bhd up 7 sen at RM2.06
 
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.