Wednesday, October 24, 2007

When can we see Sunny side-up,Bursa?

Bursa bikin malu-lah. When Dow go down, it go down and kaput while European and Asian markets rallied. Case in point today. Kaputing, sputtering and lembeking Afternoon session like a funeral wake. CI only got 2.5 points up-lor... CI up so little bit-Tamil says, .kunjoo....!. Gainers kena telanjang oleh losers 454 to 389. Volume continues to improve,though. RM1.86 billion worth for 1.59 billion shares traded.

Parkson is shooting for the stars, gaining 80 sen.Dutch Lady also moved up 50 sen. TMCLife ascended 30 sen and so did Digi. Asiatic climbed 30 sen. Losers were KLK,Nestle and Commerz which lost 30 sen each while MPI lost 25 sen.

The portfolio succumbed to selling pressure in the afternoon. Metronic
and RCE both added 0.5 sen to 17.5 and 91.5 sen respectively while Genting maintained its gain of 40 sen to RM7.95. Going down 1.5 sen were Welli to 87.5 sen and KHSB which slided to 94.5 sen. Resorts weakened further by 4 sen to RM3.70 on selling pressure. Meanwhile BJ Sports Toto held on to its overnight level of RM4.98.

The Dow will be the determinant tonight. If it moves up, then Bursa may follow. If not, expect some more lembeking at Bursa tomorrow.

Heartsong



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