Tuesday, September 4, 2007

Bursar Blues

That's Maria Menounos, pretty as a picture.

Bursa however, isn't a pretty picture. Without big brother Dow which is holidaying on Labour Day in the US, it slinked away and imagined that no one could see its anemic sterility. But we do.

The CI was lullabied into losing 1.89 points; closing at 1282.25. Gainers lost to loser 303 to 390 and volume shrank to 603 million shares valued at RM 796 million.

Gainers saw the likes of Transmile, back from the dead, adding 34 sen; BAT rising 25 sen; SPSetia taking in 25 sen and Ranhill striking up 20 sen. Losers were duty free pooper, DFZ losing another 58 sen; Muhibbah, giving back some 35 sen, UMW donating away 30 sen and Nanyang losing 30 sen as well.

The portfolio saw only Welli in action. It added 6 sen to RM1.03. Unchanged was RCE at 81 sen;Metronic at 17.5 sen and Genting at RM7.40 sen. AMDB fell a sen to 43 sen while JAKS lost 1.5 sen to 92 sen. BJ Sports Toto lost 4 sen to RM4.86 while Resorts gave up 2 sen to RM3.88.

I expect market to be sound asleep i n the afternoon session. There is just no respect for the 2008 Budget speech. No tabek hormat langsung............

Heartsong

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