KUALA LUMPUR (April 7): theedgemarkets.com highlighted 11 stocks with momentum at Bursa Malaysia's afternoon market close today. No stock showed positive momentum while 11 had negative momentum

Stocks with negative momentum were :

Paos Holdings Bhd – up 5.5 sen at 66 sen

Jerasia Capital Bhd – up 3.5 sen at 68 sen

Majuperak Holdings Bhd – up 2.5 sen at 39 sen

New Hoong Fatt Holdings Bhd – unchanged at RM3.97

GSB Group Bhd – up 1 sen at 11 sen

GD Express Carrier Bhd – up 10 sen at RM2.24

Sentoria Group Bhd – up 9.5 sen at 89.5 sen

Johan Holdings Bhd – up 7.5 sen at 31 sen

SKH Consortium Bhd – up 2 sen at 16 sen

Key Alliance Group Bhd – up 1 sen at 8 sen

Niche Capital Emas Holdings Bhd – up half a sen at 12 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.