The stocks that indicated positive momentum were:
Complete Logistic Services Bhd – down six sen to RM1.27
Techna-X Bhd – up 2.5 sen to 20.5 sen
The stocks that indicated negative momentum were:
Aeon Co (M) Bhd – up six sen to RM1.19
Ancom Bhd – up eight sen to RM1.31
Amanahraya Real Estate Investment Trust – down 0.5 sen to 66 sen
Avillion Bhd – up 0.5 sen to eight sen
Country Heights Holdings Bhd – down one sen to RM1.45
CSC Steel Holdings Bhd – up eight sen to RM1.41
Only World Group Holdings Bhd – up one sen to 35 sen
Pimpinan Ehsan Bhd – up 33 sen to RM1.82
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.
TWO former top executives of Silver Bird Group Bhd may have been acquitted by the Court of Appeal (COA) last June on 134 counts of cheating and using forged documents to cheat Malayan Banking Bhd (Maybank) of almost RM67.4 million, but they are not totally off the hook yet.
Even though this was the prosecution’s final appeal, Datuk Jackson Tan Han Kook and Derec Ching Siew Cheong will still have to stand trial on charges levelled against them by the Securities Commission Malaysia for furnishing false information to Bursa Malaysia between 2010 and 2011, after the Kuala Lumpur Sessions Court earlier this month declined to strike out the ongoing charges against them.