Eulogies for BursaEulogies, anyone?
A no-hoper market, Bursa continued to confirm that pariah status.
Went down 9.42 in this morning session. It was a red letter day in reverse for most investors. CI was at 1380.58 and losers kicked butt, hammering gainers 579 to 153. Blue chip dumping possibly by foreign funds. Volume was at 520 million shares worth 886 million ringgits. Share volume shows a small decrease. Not a very promising sign.
Gainers were Digi topping up another 85 sen; KLK adding 30 sen;LCL moving up 20 sen and MPHB gliding upwards 18 sen. Losers were SOP down 40 sen;Petgas losing 30 sen;Tanjong sliding 30 sen and MISC dropping off 30 sen as well.
The portfolio was thoroughly shattered. Genting was shot down 20 sen to RM7.75. BJ SportsToto declined 8 sen to RM4.92;Resorts dumped 2 sen to RM3.70; Welli submerged again, this time down 1.5 sen to 79.5 sen. Where is its bottom? RCE dopped a sen to 90 sen while KHSB dropped another 3 sen to 96.5 sen. Meanwhile, Metronic stood on its overnight level of 17.5 sen.
Expect more mourning in the afternoon.
Heartsong
Went down 9.42 in this morning session. It was a red letter day in reverse for most investors. CI was at 1380.58 and losers kicked butt, hammering gainers 579 to 153. Blue chip dumping possibly by foreign funds. Volume was at 520 million shares worth 886 million ringgits. Share volume shows a small decrease. Not a very promising sign.
Gainers were Digi topping up another 85 sen; KLK adding 30 sen;LCL moving up 20 sen and MPHB gliding upwards 18 sen. Losers were SOP down 40 sen;Petgas losing 30 sen;Tanjong sliding 30 sen and MISC dropping off 30 sen as well.
The portfolio was thoroughly shattered. Genting was shot down 20 sen to RM7.75. BJ SportsToto declined 8 sen to RM4.92;Resorts dumped 2 sen to RM3.70; Welli submerged again, this time down 1.5 sen to 79.5 sen. Where is its bottom? RCE dopped a sen to 90 sen while KHSB dropped another 3 sen to 96.5 sen. Meanwhile, Metronic stood on its overnight level of 17.5 sen.
Expect more mourning in the afternoon.
Heartsong
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