Fake Hollow PlatformWatch out for the mirage CI. It went up 10.75 points today, closing at 1347.65 points. But mind you, 9 points belongs to Telekoms Malaysia (TM). So, effectively, the index is sitting on a fake hollow platform. So watch out!
However, market breadth continues to be excellent at 1.09 billion shares valued at a wondrous RM1.86 billion. There were 448 gainers and 365 losers. Among gainers, TM blasted to the galaxy with a 90 sen gain; BHIC moved up 56 sen, Lion Div topped up 50 sen while CIMA notched up 30 sen. Losers saw the likes of solid blues Nestle and Sime losing 30 sen each;DFZ continuing its southerly direction to Penguinland dropping off another 30 sen and SPSetia shaving off 15 sen.
Portfolio was okay with red-underweared JAKS playing Superman;shooting to the stars with a 16 sen gain to RM1.01 and Genting putting on 15 sen to RM8.20. RCE saw fresh buying support closing at 94 sen for a 2 sen gain while KHSB added 0.5 sen to 95 sen. At their overnight levels were Welli at 96.5 sen, Metronic at 15.5 sen and Resorts at RM3.92. Meanwhile,AMDB lost 0.5 sen to 39.5 sen while BJ Sports Toto dropped 2 sen to RM4.98.
Watch Dow Jones tonight to see whether the Bursa will hold tomorrow.
Heartsong
However, market breadth continues to be excellent at 1.09 billion shares valued at a wondrous RM1.86 billion. There were 448 gainers and 365 losers. Among gainers, TM blasted to the galaxy with a 90 sen gain; BHIC moved up 56 sen, Lion Div topped up 50 sen while CIMA notched up 30 sen. Losers saw the likes of solid blues Nestle and Sime losing 30 sen each;DFZ continuing its southerly direction to Penguinland dropping off another 30 sen and SPSetia shaving off 15 sen.
Portfolio was okay with red-underweared JAKS playing Superman;shooting to the stars with a 16 sen gain to RM1.01 and Genting putting on 15 sen to RM8.20. RCE saw fresh buying support closing at 94 sen for a 2 sen gain while KHSB added 0.5 sen to 95 sen. At their overnight levels were Welli at 96.5 sen, Metronic at 15.5 sen and Resorts at RM3.92. Meanwhile,AMDB lost 0.5 sen to 39.5 sen while BJ Sports Toto dropped 2 sen to RM4.98.
Watch Dow Jones tonight to see whether the Bursa will hold tomorrow.
Heartsong
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