EREHWONThe Dow has upbraided the uptrend of Bursar. A pause,bringing the CI down by a minuscule 1.9 points to 1381.25. 404 losers trounced 329 gainers in a rather dull market after Hari Raya Aidil Fitri. Volume was at 924 million-very good with a value of RM1.169 billion. The bull-run is still intact.
Gainers included BAT upping 50 sen,Gamuda rolling along with a gain of 40 sen;KLK moving up 40 sen and AZRB notching up a similar margin of gain. Losers strangely were the Synergy Drive stalwart, Sime which lost 30 sen, gaming counter Tanjong with an equivalent loss. Commerz slided 30 sen as well and SPSetia is still dropping,this time by another 25 sen. Funds selling.
The portfolio saw vigorous action in RCE moving it up 7.5 sen to 98 sen. All the rest kaputed or stayed in bed. Genting and KHSB were still in their pajamas at overnight prices of RM8.05 and RM1.05. BJ Sports Toto tumbled 4 sen to RM4.92. There were some huge lots being traded. Resorts lost 2 sen to RM3.80 and both Welli and Metronic fell 0.5 sen to 95 sen and 17.5 sen respectively.
Both the market and the shadow portfolio are at erehwoN-Nowhere.
However, Bursa is resilient and should move up in the afternoon session if fund managers start buying into the Synergy Drive-linked counters, plantation and finance stocks.
Heartsong
Gainers included BAT upping 50 sen,Gamuda rolling along with a gain of 40 sen;KLK moving up 40 sen and AZRB notching up a similar margin of gain. Losers strangely were the Synergy Drive stalwart, Sime which lost 30 sen, gaming counter Tanjong with an equivalent loss. Commerz slided 30 sen as well and SPSetia is still dropping,this time by another 25 sen. Funds selling.
The portfolio saw vigorous action in RCE moving it up 7.5 sen to 98 sen. All the rest kaputed or stayed in bed. Genting and KHSB were still in their pajamas at overnight prices of RM8.05 and RM1.05. BJ Sports Toto tumbled 4 sen to RM4.92. There were some huge lots being traded. Resorts lost 2 sen to RM3.80 and both Welli and Metronic fell 0.5 sen to 95 sen and 17.5 sen respectively.
Both the market and the shadow portfolio are at erehwoN-Nowhere.
However, Bursa is resilient and should move up in the afternoon session if fund managers start buying into the Synergy Drive-linked counters, plantation and finance stocks.
Heartsong
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