KUALA LUMPUR (March 12): theedgemarkets.com highlighted eight stocks at Bursa Malaysia’s afternoon close today. Three stocks indicated positive momentum, while five stocks displayed negative momentum.

The stocks with positive momentum were:

Avillion Bhd — down one sen at 11.5 sen

Dagang NeXchange Bhd (DNeX) — up 14 sen at RM1.01

Opcom Holdings Bhd — up 8.5 sen at 71 sen

The stocks with negative momentum were:

CB Industrial Product Holding Bhd — unchanged at RM1.21

Dominant Enterprise Bhd — up 20.5 sen at RM1.08

Ipmuda Bhd — up 23 sen at RM1.36

Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) — up two sen at 63 sen

Olympia Industries Bhd — down half a sen at 10 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.