Mat Lembik Bursa!

Garangkan? Penelope Cruz. Bursa is not like Cruz. Today it is one miserable, feeble old man. Cannot bounce like a rubber ball. Just like his US brother-Mat Salleh, Bursa is Mat Lembik. Can shake hands-lah.

CI added a ominous 4.44 points to 1355.25. In Cantonese, 444 means die!die!die!. 500 winners came out against 212 losers. Volume was 803 million worth RM 662 million. Still very good.

Gainers were Digi which soared 80 sen;Bursa jumped 50 sen, Magna notched up a 40 sen gain while Muhibbah tacked on 30 sen. These are the losers. Telekom Malaysia and MPI both dropped 30 sen each. The Store slipped 26 sen while hardly ever heard RCI scaled down 13 sen.

Now, a look at the portfolio. Sometimes,frightened even to look at the shadows of the shadow portfolio.Genting climbed 5 sen to RM7.70 while Resorts World improved 2 sen to RM3.76. BJ Sports Toto also tacked on 2 sen to RM4.94. RCE was better 1.5 sen to 90 sen while KHSB gained a sen to 94.5 sen and Welli improved 0.5 sen to 89.5 sen. Metronic, meanwhile like Rip, is fast asleep at its overnight price of 17 sen.

Trading was subdued and moving from side to side. Most counters failed even to go back to its Friday price level. A lot of sustained buying is required to do that. Do we have that gumption?

Heartsong