Here is a brief look at some corporate announcements and news flow on Wednesday (Aug 3), which include ILB Group Bhd, Fraser & Neave Holdings Bhd, Green Packet Bhd, Privasia Technology Bhd, Sarawak Consolidated Industries Bhd, IJM Corp Bhd, Caely Holdings Bhd, Malaysian Genomics Resource Centre Bhd, TDM Bhd, Globaltec Formation Bhd, Joe Holding Bhd and Fintec Global Bhd.
The stocks with negative momentum were:
Eng Kah Corp Bhd up five sen at RM1.97
Eupe Corp Bhd up five sen at 94 sen
Globaltech Formation Bhd up six sen at 51 sen
Malaysia Smelting Corp Bhd up 16 sen at RM1.74
Multi-Usage Holdings Bhd up three sen at 65.5 sen
Paragon Union bhd up 23 sen at RM1.20
Rhone Ma Holdings Bhd up 2.5 sen at 87.5 sen
Sarawak Consolidated Industries Bhd up five sen at RM2.19
Scicom (MSC) Bhd down 1.5 sen at 98.5 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.