Fruitless FridayThe most boring trading week ever. Short 4 day trading influenced by a guillotined-biased Dow. So we thought we have buried sub-prime. But No.....! It rears its hydra head again. CI went down 6.15 points to 1370.17. Volume was a little off at 1.37 billion worth RM1.4 billion. Losers were everywhere outnumbering gainers 600 to 269.
Gaining today were Kossan from nowhere shooting up to rise 78 sen. UMW rolled along with a 30 sen gain while Hap Seng tossed up for a 20 sen gain. Amway got in to gain 15 sen. Screwing up big time was bellwether Bursa, sinking 60 sen, Parkson losing 55 sen while Gamuda slided 40 sen. Petdag slipped 25 sen.
Portfolio was absolutely in the dumps. Genting was clobbered pretty badly all day and lost 10 sen. Resorts and KHSB both gave up 4 sen to RM3.76 and 97 sen each. Metronic fell a sen to 17.5 sen while Welli lost 0.5 sen to 92.5 sen. Remaining unchanged was BJ Sports Toto at RM4.90. RCE was down 1.5 sen to 92 sen. Really one awful day.
Let us see how Dow will perform tonight. Hopeful.Hopeful.
Meanwhile, best to rest the week-end.
Heartsong
Gaining today were Kossan from nowhere shooting up to rise 78 sen. UMW rolled along with a 30 sen gain while Hap Seng tossed up for a 20 sen gain. Amway got in to gain 15 sen. Screwing up big time was bellwether Bursa, sinking 60 sen, Parkson losing 55 sen while Gamuda slided 40 sen. Petdag slipped 25 sen.
Portfolio was absolutely in the dumps. Genting was clobbered pretty badly all day and lost 10 sen. Resorts and KHSB both gave up 4 sen to RM3.76 and 97 sen each. Metronic fell a sen to 17.5 sen while Welli lost 0.5 sen to 92.5 sen. Remaining unchanged was BJ Sports Toto at RM4.90. RCE was down 1.5 sen to 92 sen. Really one awful day.
Let us see how Dow will perform tonight. Hopeful.Hopeful.
Meanwhile, best to rest the week-end.
Heartsong
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