KUALA LUMPUR (Dec 17): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia's afternoon close today. Four stocks displayed positive momentum while three stocks displayed negative momentum.

The stock with positive momentum were:

JF Technology Bhd - up six sen to RM1.38

Censof Holdings Bhd - up one sen to 13.5 sen

JKG Land Bhd - up 0.5 sen to 8.5 sen

Pansar Bhd - up three sen to 63 sen

The stock with negative momentum were:

Rimbunan Sawit Bhd - down one sen to 34 sen

JCY International Bhd - up one sen to 23.5 sen

Karex Bhd - Up 3.5 sen to 52 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.