Monday 25 Sep 2023
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KUALA LUMPUR (June 10): highlighted five stocks with momentum at Bursa Malaysia’s afternoon close on Friday (June 10). Four stocks showed negative momentum, while only one stock displayed positive momentum.

The stocks with negative momentum were:

Chin Teck Plantations Bhd - up five sen at RM9.90

Artroniq Bhd - up 1.5 sen at 71 sen

Edaran Bhd - up 2.5 sen at 67.5 sen

Waja Konsortium Bhd - down half a sen at 11.5 sen

The stock with positive momentum was:

Kerjaya Prospek Group Bhd - up four sen at RM1.19

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.

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

Edited BySurin Murugiah
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