KUALA LUMPUR (Jan 6): theedgemarkets.com highlighted nineteen stocks at Bursa Malaysia’s afternoon close today.  All stocks indicated negative momentum.

The stocks with negative momentum were:

Amtel Holdings Bhd - up 25 sen at RM2.23

Bertam Alliance Bhd - up two sen at 17 sen

BSL Corp Bhd - up nine sen at 47.5 sen

Cam Resources Bhd - up 2.5 sen at 42 sen

CN Asia Corp Bhd - down five sen at RM2.3

DGB Asia Bhd - up three sen at 30 sen

EG Industries Bhd - up nine sen at 68 sen

HPMT Holdings Bhd - down 1.5 sen at 45 sen

Ipmuda Bhd - up nine sen at RM1.08

Kobay Technology Bhd - up 41 sen at RM3.5

Kretam Holdings Bhd - up 1.5 sen at 59.5 sen

Leweko Resources Bhd - down one sen at 18 sen

Malaysia Smelting Corp Bhd - up 10 sen at RM1.6

Nova MSC Bhd - up 0.5 sen at 10 sen

Omesti Bhd - up two sen at 60 sen

Rex Industry Bhd - up one sen at 27.5 sen

Theta Edge Bhd - up 5.5 sen at 95.5 sen

Toyo Ventures Holdings Bhd - up 41 sen at RM2.6

Xian Leng Holdings Bhd - up four sen at 66 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.