Thursday 12 Nov 2026
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KUALA LUMPUR (Nov 12): theedgemalaysia.com highlighted two stocks with negative momentum at Bursa Malaysia’s afternoon close on Thursday.

The stocks with negative momentum were:

  • Citaglobal Bhd (KL:CITAGLB) — down two sen or 1.67% at RM1.18
  • Iconic Worldwide Bhd (KL:ICONIC) — unchanged at 12 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.

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

Edited ByJason Ng
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