KUALA LUMPUR (Dec 20): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia's afternoon close today. Three displayed positive momentum, while two displayed negative momentum.

The stock with positive momentum were:

ECM Libra Group Bhd - down 0.5 sen to 26 sen

Hap Seng Plantations Holdings Bhd - up seven sen to RM2.03

Karyon Industries Bhd - down 0.5 sen to 18 sen

The stock with negative momentum were:  

Brahim's Holdings Bhd - up 5.5 sen to 32 sen

Pansar Bhd - up 1.5 sen to 64 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.