KUALA LUMPUR (March 3): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close today. Two stocks displayed positive momentum, while six showed negative momentum. Stocks with positive momentum were: LB Aluminium Bhd – up 5 sen at 57.5 sen TSH Resources Bhd – up 10 sen at RM1.68 Stocks with negative momentum were: Cuscapi Bhd – up 0.5 sen at 47.5 sen Deleum Bhd – up 1.5 sen at 62 sen Kim Loong Resources Bhd – up 4 sen at RM2.18
Bursa Malaysia rebounded from Thursday’s (Jan 6) heavy selling to open higher on Friday as bargain-hunting, especially for the heavyweights, emerged, dealers said.
Based on corporate announcements and news flow on Friday, companies in focus next Monday may include CTOS Digital Bhd, Malton Bhd, Pavilion Real Estate Investment Trust, Pacific & Orient Bhd, Carimin Petroleum Bhd, Global Oriental Bhd, and Cuscapi Bhd.
KLCI down in line with regional weakness following Wall Street drop theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.