KUALA LUMPUR (Aug 25): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia's noon close on Thursday (Aug 25). Five stocks indicated negative momentum, while three stocks had positive momentum.

The stocks with negative momentum were:

Malakoff Corporation Bhd — up two sen at 70 sen

PGF Capital Bhd — up three sen at RM1.19

PMB Technology Bhd — up 11 sen at RM3.62

Salutica Bhd — up 1.5 sen at 40 sen

See Hup Consolidated Bhd — up three sen at RM1.10

The stocks with positive momentum were:

Pansar Bhd — unchanged at 62 sen

Samaiden Group Bhd — up 2.5 sen at 71.5 sen

Solarvest Holdings Bhd — up seven sen at 85 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