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Based on corporate announcements and news flow on Monday, companies in focus on Tuesday (Oct 5) may include Genting Bhd, Mesiniaga Bhd, Heineken Malaysia Bhd, Silver Ridge Holdings Bhd, SC Estate Builder Bhd, Ni Hsin Group Bhd, Freight Management Holdings Bhd, Jade Marvel Group Bhd, Rubberex Corp (M) Bhd, Sinmah Capital Bhd, Media Prima Bhd, Hibiscus Petroleum Bhd and Bertam Alliance Bhd. ....
The stock with positive momentum was: MK Land Holdings Bhd up 5.5 sen at 27.5 sen Stocks with negative momentum were: Asian Pac Holdings Bhd up two sen at 20 sen Berjaya Corp Bhd down 2.5 sen at 43 sen Berjaya Land Bhd up one sen at 41.5 sen Heng Huat Resources Group Bhd up seven sen at 69.5 sen Jasa Kita Bhd up one sen at 12.5 sen JKG Land Bhd up three sen at 13.5 sen MCT Bhd up five sen at 34.5 sen SHL Consolidated Bhd up eight sen at RM2.09 Silver Ridge Holdings Bhd up one sen at 90 sen Tasco Bhd up six sen at RM1.11 ....
The stocks with positive momentum were: Signature International Bhd – up 10 sen to 94.5 sen MTD ACPI Engineering Bhd – up one sen to 28 sen The stocks with negative momentum were: Bumi Armada Bhd – up three sen to 42.5 sen Chin Hin Group Bhd – up three sen to RM1.71 Classic Scenic Bhd – up two sen to RM1.52 Innity Corporation Bhd – up 17 sen to 76 sen Industronics Bhd – up 19.5 sen to 67.5 sen MSM Malaysia Holdings Bhd – up 22 sen to RM1.2 PWF Corp Bhd – up two sen to 59 sen Silver Ridge Holdings Bhd – down one sen to 78 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. ....