Casino BursaThe last day for trading before the Muslims celebrate Aidil Fitri. Blue chips that were supported the last four days fell under selling pressure. Obviously the fund managers have finally balik kampung.
However, the buying pressure for speculative stocks could not be abated. They were jumping along with Jumping Jaks Flash. KHSB also lompat berjoli-joli welcoming the First of Shawal. Looking at JAKS and the buying of CWs, we can't help but to think Bursa has become a casino!
All Asian markets bleed rich blood all day. Bursa was not spared. Dow has done its dastardly act again. We are suckers through and through. And that is the way of the world. So, we must play the game. When Wild,Wild West Dow is up, we watch our counters and go in to buy at the first opportunity. If we make some money, get out pronto. Do it and you will prosper by and by. Check your greed, though.
CI was down 8.36 points to 1375.25. Losers pukul and belasah the gainers 442 to 371. However, the saving grace-volume of shares continue to be good. Some 1,.4 billion shares tukar tangan. Value was RM1.87 billion. Good show. Bull run still intact.
Rarely traded Kramat stole the limelight topping up 80 sen. KLK followed with a 50 sen gain and Digi also moved up 50 sen. Puncak Niaga, supposedly to benefit from the amalgamation of water management in Selangor gushed up 30 sen. Leading the losers were BAT off a ringgit, TM dropping 40 sen, Tenaga losing 20 sen and KNM; 10 sen.
The portfolio performed as bad. Surviving the blood-bath was KHSB which saw renewed buying interest. It shot up 5.5 sen to RM1.04 . Metronic upped a sen to 18 sen. The rest were bloody losers (pun intended). Genting virtually lost its head by 15 sen to RM8.00. Some early buying support and then in the evening, all the gains had diasappeared. Quo vadis, Genting? Resorts also went down badly,collapsing 10 sen to RM3.80. BJ sports Toto meanwhile, slipped 2 sen to RM4.96 while Welli was unwell and infirmed and lost a sen to 96 sen. Meanwhile RCE lost 0.5 sen to 91 sen.
Man can propose,God will dispose. How true.
The market will be closed for three days berturut-turut. Until Tuesday next, its Selamat Hari Raya Aidil Fitri, Maaf Zahir and Batin.
Semoga Tuhan memanjang dan melanjutkan usia semua penganutnya yang berbudiman!
Heartsong
However, the buying pressure for speculative stocks could not be abated. They were jumping along with Jumping Jaks Flash. KHSB also lompat berjoli-joli welcoming the First of Shawal. Looking at JAKS and the buying of CWs, we can't help but to think Bursa has become a casino!
All Asian markets bleed rich blood all day. Bursa was not spared. Dow has done its dastardly act again. We are suckers through and through. And that is the way of the world. So, we must play the game. When Wild,Wild West Dow is up, we watch our counters and go in to buy at the first opportunity. If we make some money, get out pronto. Do it and you will prosper by and by. Check your greed, though.
CI was down 8.36 points to 1375.25. Losers pukul and belasah the gainers 442 to 371. However, the saving grace-volume of shares continue to be good. Some 1,.4 billion shares tukar tangan. Value was RM1.87 billion. Good show. Bull run still intact.
Rarely traded Kramat stole the limelight topping up 80 sen. KLK followed with a 50 sen gain and Digi also moved up 50 sen. Puncak Niaga, supposedly to benefit from the amalgamation of water management in Selangor gushed up 30 sen. Leading the losers were BAT off a ringgit, TM dropping 40 sen, Tenaga losing 20 sen and KNM; 10 sen.
The portfolio performed as bad. Surviving the blood-bath was KHSB which saw renewed buying interest. It shot up 5.5 sen to RM1.04 . Metronic upped a sen to 18 sen. The rest were bloody losers (pun intended). Genting virtually lost its head by 15 sen to RM8.00. Some early buying support and then in the evening, all the gains had diasappeared. Quo vadis, Genting? Resorts also went down badly,collapsing 10 sen to RM3.80. BJ sports Toto meanwhile, slipped 2 sen to RM4.96 while Welli was unwell and infirmed and lost a sen to 96 sen. Meanwhile RCE lost 0.5 sen to 91 sen.
Man can propose,God will dispose. How true.
The market will be closed for three days berturut-turut. Until Tuesday next, its Selamat Hari Raya Aidil Fitri, Maaf Zahir and Batin.
Semoga Tuhan memanjang dan melanjutkan usia semua penganutnya yang berbudiman!
Heartsong
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