Market RumoursThere are just too much market rumours. Too much market fears. Many are shunning the market because of the new height attained by Bursa. They see a big fall coming. However, the volume of shares traded continue to be large. CI went up a mere 1.17 points to 1412.79 but volume was good at 1.8 billion shares worth RM2.43 billion.
There were however, more losers than gainers. On the board, the reds were 523 versus the greens at 324. Leading the pack of gainers once more was BHIC rising 65 sen. Boustead the mothershare also went up by 40 sen. IOICorp sprung to life lifting itself higher by 40 sen as well. Meanwhile, MMCCorp also moved up by 35 sen. Among losers were hardly traded Kramat which lost 90 sen. Digi followed next slipping 50 sen, LCL suffered from gravity and lost 35 sen. Genting lost the best and fell down the valley with a loss of 30 sen.
The portfolio was an utter shame and sham as well. lousy shadows it has casted for the last 14 days at best. Genting went to Holland, losing 30 sen, Resorts slinked away with a 4 sen loss to RM3.84 while BJ Sports Toto reamined unchanged at RM5.05. Welli was at its overnight level of 90.5 sen but RCE was better at 0.5 sen to 94 sen. KHSB dropped 3 sen to 98 sen and Metronic fell a sen to 17 sen. Perusing the trading pattern today, I see a good support buying trend in Welli and Metronic. They have plateaued for a long time. A rise is imminent.
So what did we hear about the general elections? Kit Siang even have the date. Must have read some oolong tea leaves.
Otherwise it would be like the picture up there, telling you how rumours could have started. So watch where you go especially with the fairer sex working in the vicinity. David Copperfield did not have much luck,though!
Heartsong
l
There were however, more losers than gainers. On the board, the reds were 523 versus the greens at 324. Leading the pack of gainers once more was BHIC rising 65 sen. Boustead the mothershare also went up by 40 sen. IOICorp sprung to life lifting itself higher by 40 sen as well. Meanwhile, MMCCorp also moved up by 35 sen. Among losers were hardly traded Kramat which lost 90 sen. Digi followed next slipping 50 sen, LCL suffered from gravity and lost 35 sen. Genting lost the best and fell down the valley with a loss of 30 sen.
The portfolio was an utter shame and sham as well. lousy shadows it has casted for the last 14 days at best. Genting went to Holland, losing 30 sen, Resorts slinked away with a 4 sen loss to RM3.84 while BJ Sports Toto reamined unchanged at RM5.05. Welli was at its overnight level of 90.5 sen but RCE was better at 0.5 sen to 94 sen. KHSB dropped 3 sen to 98 sen and Metronic fell a sen to 17 sen. Perusing the trading pattern today, I see a good support buying trend in Welli and Metronic. They have plateaued for a long time. A rise is imminent.
So what did we hear about the general elections? Kit Siang even have the date. Must have read some oolong tea leaves.
Otherwise it would be like the picture up there, telling you how rumours could have started. So watch where you go especially with the fairer sex working in the vicinity. David Copperfield did not have much luck,though!
Heartsong
l
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