KUALA LUMPUR (March 14): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia's afternoon market close today. It showed one with positive momentum and four with negative momentum.

The stock with positive momentum is:

Sarawak Oil Palms Bhd – up 14 sen at RM4.89

The stocks with negative momentum are:

Kim Loong Resources Bhd – up 19 sen at RM3.47

Press Metal Bhd – up 15 sen at RM2.69

Ann Joo Resources Bhd – up 4 sen at 80.5 sen

MKH Bhd – up 5 sen at RM2.48

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.