KUALA LUMPUR (April 4): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon close on Tuesday (April 4). Three stocks showed negative momentum, while only one stock had positive momentum.

The stocks with negative momentum were:

• Sunsuria Bhd — up 15 sen at 66 sen
• Power Root Bhd — up three sen at RM2.11
• CWG Holdings Bhd — down half a sen at 36 sen

The stock with positive momentum was:

• Oversea Enterprise Bhd — up one sen 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.