Wednesday, November 14, 2007

Bursa Dead Duck


What can we say about bursa except is is a boorish creature incapable of appreciating good things. With Dow at a climactic high of 320 points, it still falter and fell flat on its face. CI only accumulated 1.15 points climbing like a feeble old chap from the homes to 1384.58. Gainers were ahead of losers 471 to 326. Volume was at 1.43 billion shares worth RM1.786 billion. Still okay.

Gainers were Vincent Tan's BJLand after their hotel coup in Vietnam. There's more than meets the eye here. It rose 44 sen. The Store profited by 40 sen while Bursa topped up 40 sen as well. Kulim rose 35 sen on the news of its possible listing on the London bourse. KFC lost favour and flavour,dropping 45 sen,Kramat lost 40 sen while hardly traded Negara also slipped 38 sen. Ann Joo Resources slided 22 sen.

The portfolio continues to show a lacklustre performance. Genting took a hit, falling 15 sen to RM7.80; KHSB slipped 3 sen to RM1.03 while Metronic and Welli both went down 0.5 sen to 17.5 sen and 82 sen each. Resorts was stalemated at its overnight price of RM3.72. Meanwhile BJ Sports Toto upped 8 sen to RM4.94 and RCE Cap moved up 0.5 sen to 93 sen.

Tonight, Dow will likely fell and Bursa will pak turut as well.

Macam ini, no point playing the bursa for the rest of the year!

Heartsong

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