Wednesday, October 24, 2007

Impatient,Impatient,Impatient

Which do you think is a more catchy saying?

Waiting for the grass to grow? or

Waiting for wet paint to dry?

Bursa is just like that. Patience is running thin in the viewers' galleries. ''Impatient'' is the word on everyone's mind. Market just scrap by with a 3.99 points increase. CI went up to 1361.32. Gainers beat loses 402 to 313. Volume is growing at 937 million shares worth 960 million. Among gainers,Digi climbed 70 sen.Parkson and Dutch Lady both upped 50 sen while SPSetia finally saw buying support to move up 35 sen. Losers saw IJM losing 30 sen, Bumiputra-Commerce saw disfavour and lost 20 sen. Also losing 20 sen was Nestle while TaAnn dropped 15 sen.

Portfolio was better. Genting shot up 40 sen to RM7.95; RCE moved up 2 sen to 93 sen while KHSB got a sen gain to 97 sen. Welli was stable adding 0.5 sen to 89 sen while BJ Sports Toto and Metronic were unchanged at RM4.98 and 17 sen. Somehow, Resorts lost 2 sen on selling pressure to end up at RM3.72.

I see the afternoon as listless. Unless some huge funds come in.................

Fat hopes!!!

Heartsong

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