Based on corporate announcements and news flow on Wednesday, companies in focus on Thursday (Oct 14) may include UMW Holdings Bhd, FGV Holdings Bhd, Solarvest Holdings Bhd, Selangor Dredging Bhd, Malakoff Corp Bhd, Gas Malaysia Bhd, MMC Corp Bhd, CIMB Group Holdings Bhd, TIME dotCom Bhd, Sarawak Consolidated Industries Bhd, Zhulian Corp Bhd, Maxis Bhd and Green Packet Bhd.
The stocks with positive momentum were:
ATTA Global Group Bhd down 2.5 sen at 57.5 sen
Golden Pharos Bhd unchanged at 39.5 sen
Nylex (M) Bhd down 2.5 sen at 86.5 sen
The stocks with negative momentum were:
Chuan Huat Resources Bhd down five sen at 58.5 sen
Fibon Bhd up 1.5 sen at 47.5 sen
Leon Fuat Bhd up 10 sen at RM1.10
PA Resources Bhd down one sen at 53.5 sen
Selangor Dredging Bhd down two sen at 73.5 sen
Tashin Holdings Bhd down five sen at 78.5 sen
Turbo-Mech Bhd unchanged at 86.5 sen
Watta Holdings Bhd up five sen at 73.5 sen
YLI Holdings Bhd unchanged at 42 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.