Pulling back..............Well, the Dow could not help as profit takers slam-dunked Genting to RM8.05, causing a loss of 35 sen to the counter. Such disrespect to the dead founder! They also sold out Resorts 4 sen down to RM3.84. Gaming stock BJ Sports Toto also took a hit losing 5 sen. That is the state of affairs when Bursar closed for lunch.
CI retreated 3.82 points to end at 1407.80. Volume of traded shares was 1.01 billion worth a good RM1.22 billion. Loser outstripped gainers 540 to 275. among gainers, BHIC took in 65 sen,Boustead tacked on 40 sen, Nestle added 30 sen and IGB quietly sneak in to gain 22 sen.
The portfolio performed dismally with Genting taking everyone to the laundry. We have seen the fate of both Resorts and BJ Sports Toto. Welli and RCE were in positive territory. Welli put on 1.5 sen on renewed interest and RCE saw fresh buying to move up 2.5 sen to 96 sen. KHSB went up and down but fell a sen at the close to RM1.00. Metronic was moribund at 18 sen.
I believe there will be little buying interest in the afternoon session since Asian markets are unfavourable.
Heartsong
The portfolio performed dismally with Genting taking everyone to the laundry. We have seen the fate of both Resorts and BJ Sports Toto. Welli and RCE were in positive territory. Welli put on 1.5 sen on renewed interest and RCE saw fresh buying to move up 2.5 sen to 96 sen. KHSB went up and down but fell a sen at the close to RM1.00. Metronic was moribund at 18 sen.
I believe there will be little buying interest in the afternoon session since Asian markets are unfavourable.
Heartsong
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