KUALA LUMPUR (Jan 11): theedgemarkets.com highlighted six stocks at Bursa Malaysia’s afternoon close today. Five stocks indicated negative momentum while one displayed positive momentum.

The stocks with negative momentum were:

Cheetah Holdings Bhd — down two sen at 74 sen

GUH Holdings Bhd — up one sen at 52 sen

Multi-usage Holdings Bhd — down 1.5 sen at 38 sen

PIE Industry Bhd — up 36 sen at RM3.02

PNE PCB Bhd — fell 9.5 sen at 75.5 sen

The stock with positive momentum was:

Silver Ridge Holdings Bhd — up one sen at 60.5 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.