KUALA LUMPUR (April 5): : theedgemarkets.com highlighted 10 stocks with momentum at Bursa Malaysia’s afternoon close on Tuesday (April 5).

Only one stock displayed positive momentum, while the remaining nine stocks indicated negative momentum.

The stock with positive momentum was:

Teck Guan Perdana Bhd — up 12 sen at RM1.98

The stocks with negative momentum were:

Lingkaran Trans Kota Holdings Bhd — up 50 sen at RM4.53

Gadang Holdings Bhd — down half a sen at 43.5 sen

Asia Brands Bhd — up nine sen at 62.5 sen

Complete Logistic Services Bhd — up 12 sen at RM4.70

KNM Group Bhd — up half a sen at 19 sen

Malayan Cement Bhd — up 13 sen at RM2.58

Powerwell Holdings Bhd — up 1.5 sen at 22 sen

Radiant Globaltech Bhd — up two sen at 49.5 sen

Ta Win Holdings Bhd — up half a sen at 16 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.

However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.