Hot and loving It!

Bursa has begun the long awaited bull run for Hari Raya and Deepavali. Thank you Bursa for your capacity to move up in tandem with world markets. CI went up to 1368.72 after chalking up an impressive double digit gain of 21.67 points. The market was real hot just like the two passionate red hot lovers in the picture above.

Gainers lead losers 605 to 293. Volume was impressive at 1.57 billion shares worth RM2.9 billion. Among gainers, IOIProp jumped RM1, MAS soared 78 sen, VADS extended its gain by 75 sen and LCL upped 45 sen. Very impressive gains. Losers saw the likes of Lion Div which dropped 40 sen;BAT which slided 25 sen;AEON which lost 20 sen and SPSetia which loyally stooped down by 10 sen.

The portfolio,on balance, was good. More gainers than losers. Like a steed, Genting continued to gallop on, adding 20 sen to RM8.40 while Welli shot up like a bolt to finish 17.5 sen better at RM1.14. BJ Toto added 7 sen to RM5.05 while Resorts notched up 6 sen to RM4.98. Meanwhile, KHSB ascended on renewed buying support which sent it up 5 sen to RM1.00. AMDB also moved up by a marginal 0.5 sen to 40 sen. Losing out was JAKS and RCE each losing a sen to RM1.00 and 93 sen respectively. As usual, Metronic was bogged down in the twilight zone-stuck at its overnight level of 15.5 sen.

A good market day. It was fun in the afternoon. We must have more of this.

Heartsong