Astro, Selangor Dredging, Mulpha, Metrod, UMS-Neiken, WZ Satu, Teo Guan Lee

Astro, Selangor Dredging, Mulpha, Metrod, UMS-Neiken, WZ Satu, Teo Guan Lee
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KUALA LUMPUR (April 27): theedgemarkets.com highlighted seven stocks at Bursa Malaysia’s afternoon close today. Six stocks indicated negative momentum while one stock indicated positive momentum.

The stocks with negative momentum were:

Selangor Dredging Bhd — down 6.5 sen at 71.5 sen

Mulpha International Bhd — up five sen to RM1.81

Metrod Holdings Bhd — up 14 sen at RM1.61

UMS-Neiken Group Bhd — unchanged at RM1.39

WZ Satu Bhd — up 1.5 sen at 21.5 sen

Teo Guan Lee Corp Bhd — up 56 sen at RM2.45

The stock with positive momentum was:

Astro Group Bhd — up one sen at RM1.07

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 www.absolutelystocks.com