Buoying the BluesDouble Ten - Independence Day for the PRC. Yet their stock markets are open. What a country! Dow Jones' record close, like a global tsunami, pushed Bursa up as well. Fund managers bought into financial stocks bolstering the CI. As such, the CI closed up 9.5 points to 1378.88. Volume transacted was fabulous at 980 million shares worth some RM1.15 billion. Gainers comfortably knocked out losers 406 to 328.
Among gainers, the bellwether Bursa counter shot up 40 sen, BHIC followed by adding 39 sen while Boustead tacked on 35 sen. Meanwhile O&G stock KNM moved up 32 sen. Lion Div led the losers after a fantastic price rise yesterday. It fell 31 sen. SPSetia also dipped, losing 15 sen while DFZ is still on the down trajectory, sliding another 14 sen. Rarely traded insurance stock, LPI slipped 10 sen.
The portfolio was again mixed to better. Genting, after an early push, settled unchanged at RM8.10. Resorts added 2 sen to RM3.88 while BJ Sports Toto move up 4 sen to RM4.86. Metronic outshone by moving up 3 sen to 19 sen with a mammoth volume of 139,376 lots while Welli was equally impressive with its three sen rise to 99 sen. Meanwhile JAKS slided a sen to RM1.17. AMDB was off 1.5 sen to 46 sen and RCE settled down half a sen lower at 91.5 sen.
Let us see how market will fare in the afternoon.
Will the fund managers stay to play?
Heartsong
The portfolio was again mixed to better. Genting, after an early push, settled unchanged at RM8.10. Resorts added 2 sen to RM3.88 while BJ Sports Toto move up 4 sen to RM4.86. Metronic outshone by moving up 3 sen to 19 sen with a mammoth volume of 139,376 lots while Welli was equally impressive with its three sen rise to 99 sen. Meanwhile JAKS slided a sen to RM1.17. AMDB was off 1.5 sen to 46 sen and RCE settled down half a sen lower at 91.5 sen.
Let us see how market will fare in the afternoon.
Will the fund managers stay to play?
Heartsong
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