KUALA LUMPUR (May 15): theedgemarkets.com highlighted two stocks with negative momentum at Bursa Malaysia's afternoon market close today.
The stocks with negative momentum were:
Ho Hup Construction Co Bhd – up 5.5 sen at 64 sen
Vortex Consolidated Bhd – up 7.5 sen at 28 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.