Resilience to the last seconds....I think Bursa has come of age. It could take the morning hour sell down of the Synergy Drive component stocks that sent the index down.The wings of MAS was also clipped in the process. Some stocks however went against the current-namely JAKS,KHSB and KPS. This gave the market confidence and by 12 noon, the market was already starting to head upwards.
CI was back in green territory by 4 pm notching up 2.88 points to 1369.84 and I believe, all the investors in the trading halls must surely be smiling and nodding their heads in agreement with Bursa's tenacious performance. Gainers were even to losers 416 to 410. Volume continued to be superb at 1.25 billion shares worth RM1.9 billion.
Gainers saw Ahmad Zaki clinching 62 sen,IOIProp ascending 50 sen;Hexagon putting on 47 sen and BHIC notching up 44 sen. Good gains. Losers included Digi which lost 50 sen;CIMA which went down 25 sen and Tanjong and Asiatic which both slided 20 sen.
Portfolio was real good today. JAKS topped the list with an 11 sen gain to RM1.11 while KHSB popped up 7.5 sen to RM1.06.Welli, Resorts and RCE all added 2 sen to RM1.04;RM4.00 and 92 sen respectively. AMDB added 0.5 sen to 42.5 sen while Metronic is in comatose in Stockmarket IJN reclining at its overnight level of 15.5 sen. I think it is the end of the road for this buster! Meanwhile Genting stayed put at RM8.45.
If Dow goes goes positive tonight, Bursa will have a good run tomorrow before profit taking and force selling begins in the afternoon.
Like the parrot above which mimics sounds, do not rush in mob rush-hour buying at 9.00 a.m.
Patience pay. Wait and you can always buy lower another day!
Heartsong
CI was back in green territory by 4 pm notching up 2.88 points to 1369.84 and I believe, all the investors in the trading halls must surely be smiling and nodding their heads in agreement with Bursa's tenacious performance. Gainers were even to losers 416 to 410. Volume continued to be superb at 1.25 billion shares worth RM1.9 billion.
Gainers saw Ahmad Zaki clinching 62 sen,IOIProp ascending 50 sen;Hexagon putting on 47 sen and BHIC notching up 44 sen. Good gains. Losers included Digi which lost 50 sen;CIMA which went down 25 sen and Tanjong and Asiatic which both slided 20 sen.
Portfolio was real good today. JAKS topped the list with an 11 sen gain to RM1.11 while KHSB popped up 7.5 sen to RM1.06.Welli, Resorts and RCE all added 2 sen to RM1.04;RM4.00 and 92 sen respectively. AMDB added 0.5 sen to 42.5 sen while Metronic is in comatose in Stockmarket IJN reclining at its overnight level of 15.5 sen. I think it is the end of the road for this buster! Meanwhile Genting stayed put at RM8.45.
If Dow goes goes positive tonight, Bursa will have a good run tomorrow before profit taking and force selling begins in the afternoon.
Like the parrot above which mimics sounds, do not rush in mob rush-hour buying at 9.00 a.m.
Patience pay. Wait and you can always buy lower another day!
Heartsong
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