Sunday 21 Jul 2024
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KUALA LUMPUR (Jan 21): highlighted 13 stocks at Bursa Malaysia’s afternoon close today. Ten stocks indicated negative momentum while three showed positive momentum.

The stocks with negative momentum were:

BCB Bhd — down 0.5 sen at 37 sen

Cheetah Holdings Bhd — up two sen at 88 sen

Focus Point Holdings Bhd — up 13 sen at RM1.29

JF Technology Bhd — up 28 sen at  RM2.24

Kenanga Investment Bank Bhd — up six sen at RM1.26

KPower Bhd — down 12 sen at RM2.57

Multi-Usage Holdings Bhd — up three sen at 51 sen

Pantech Group Bhd — up 1.5 sen at 46 sen

UMS-Neiken Group Bhd — up 23 sen at  RM1.18

Zhulian Corp Bhd — up 13 sen at RM1.78

The stocks with positive momentum were:

Dagang NeXchange Bhd (DNeX) — up four sen at 26.5 sen

Eita Resources Bhd — up 16 sen at RM3.11

Rexit Bhd — up five sen at RM1.14

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.

For more detailed financial information and reports on the above-mentioned stocks, please subscribe to AbsolutelyStocks at

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