Wednesday, November 7, 2007

The Charge of the Fund Brigade

And so came the calvary and the artillery. They knee-jerked the CI up 24.74 points to 1413.85. What a show! Just to show Malaysia Boleh after the SSI! Gainers and losers were about matched 441 to 412. Volume was pretty good at 1.3 billion shares worth RM1.87 billion. Gainers did well. BAT flew the coop adding RM1.25; KLK soared a ringgit and Tanjong scored a hit notching up 80 sen. IOIProp also climbed by 60 sen. Losers lose little. DFZ went down 26 sen, MSC fell 25 sen, TM slided 20 sen while JTiasa finished off 16 sen.

The shadow portfolio was not too good, though. It failed to keep pace with the CI. Resorts added 6 sen to RM3.84, KHSB increased 3 sen to RM1.05 while BJ Sports Toto upped 2 sen to RM5.00.
At their overnight levels were dullard Metronic at 17.5 sen and Genting at RM8.20. Falling Humpty-Dumpty style by 1.5 sen was Welli, the new kid on the block to 86 sen and promising RCE slid 0.5 sen to 94 sen.

Tomorrow is Happy Deepavali and so this blog salutes the Hindus and wish them the best of this festival.

Heartsong

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