The stocks with positive momentum are:
Melewar Industrial Group Bhd up 1.5 sen at 34.5 sen
Fajarbaru Builder Group Bhd flat at 59.5 sen
The stocks with negative momentum are:
Farlim Group (Malaysia) Bhd up three sen at 56.5 sen
Mycron Steel Bhd up 1.5 sen at 39 sen
ML Global Bhd up 3.5 sen at 63.5 sen
Aluminium Company of Malaysia Bhd up 1.5 sen at 81.5 sen
Al-Aqar Healthcare REIT down two sen at RM1.55
YKGI Holdings Bhd down one sen at 27 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.
http://www.theedgemarkets.com/my/article/melewar-fajarbaru-farlim-mycron-steel-ml-global-alcom-al-aqar-ykgi
