Thursday, November 1, 2007

Bursa Kecut!

One look from this perempuan and Bursa kecut! That's right, even with Superman Dow, Bursa is a big,fat zero! Frightened of degrading exercise by angmoh Citigroup. Legs between the tail. Siapa makan lada, dia yang akan merasa pedasnya! So, what is your problem? Gerrymandering the counters? Yeh? with GLCs! Bad boys...

Okay, CI went down marginally,lost 1.69 points to 1411.96. Still good-lah. Shares traded was 840 million worth RM1.02 billion. Masih baik. Losers tendang gainers 483 to 314. Among gainers, were plantation stocks,Kulim,KLK and
Batu Kawan which chalked up hefty gains. Kulim took in 65 sen, KLK;50 sen and Batu Kawan, 30 sen. High-end property developer, SPSetia moved up 20 sen. Here are the losers. Commerce-a Citigroup downgrade candidate kaputed 40 sen;Aeon was relieved of 30 sen, IOICorp lost 20 sen and VADS slided 15 sen.

The portfolio took a hit as well. BJ Sports Toto lost 5 sen to RM5.05,Resorts plunged 6 sen to RM3.78 while Welli slided 2 sen to 91 sen. Similarly, RCE fell by 1.5 sen to 98.5 sen and KHSB
went down by 0.5 sen to 97 sen. Metronic stayed at its overnight level of 18 sen. Genting, however, took in a gain of 10 sen to move up to RM8.35.

Expect the afternoon to be influenced by siesta fever. It will be one dull market again.

Heartsong



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