KUALA LUMPUR (Aug 6): theedgemarkets.com has highlighted five stocks with momentum at afternoon market close today. Three stocks show positive momentum while two stocks show negative momentum.
The stocks with positive momentum are:
iDimension Consolidated Bhd (fundamental: 1.45; valuation: 0.3), up 0.5 sen or 3.45% at 15 sen.
Yoong Onn Corporation Bhd (fundamental: 2.8; valuation: 1.8), down 2 sen or 1.77% at RM1.11.
Cocoaland Holdings Bhd (fundamental: 2.8; valuation: 2), up 21sen or 8.50% at RM2.68.
The stocks with negative momentum are:
Scientex Bhd (fundamental: 2.4; valuation: 1.7), up 20 sen or 2.74% at RM7.50.
BP Plastic Holdings Bhd (fundamental: 2.5; valuation: 1.4), up 1 sen or 0.95% at RM1.06.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)