Friday, November 16, 2007

Hopeless Week at Bursa

CI tumbled another 3.36 points to bring it lower to 1386.64. Losers booted gainers 534 to 291. Volume diminished to 1.01 billion worth RM1.81 billion. Possibly more buying of blue chips by bargain hunters. Digi continued to attract buying interest climbing 85 sen; Newly-listed HSPlant,added 42 sen while Kramat gained 40 sen. Petgas moved up 30 sen. SOP lost 40 sen and Petdag slided 25 sen. The Store lost 24 sen and HSL declined 20 sen.

The portfolio lies in semi comatose. Genting dropped 10 sen to RM7.85, BJ Sports Toto gave up 10 sen as well to RM4.90. Resorts declined 4 sen to RM3.68;
while Welli stooped lower, losing 1.5 sen to 79.5 sen. RCE stumbled and fell 0.5 sen to 90.5 sen. KHSB slided 2.5 sen to 97 sen and Metronic closed unchanged at 17.5 sen.

We may yet have hope next week if those on Wall street are less panicky.

Heartsong

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