KUALA LUMPUR (Dec 23): theedgemarkets.com highlighted one stock with momentum at Bursa Malaysia’s afternoon close on Thursday (Dec 23). The stock was:Focus Lumber Bhd — up four sen at RM1.25The 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. It merely tells you which stocks are seeing higher-than-normal volume and price movements. 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.

Source: The Edge Markets December 23, 2021 17:33 UTC