Thursday, November 15, 2007

Last Minute Jerk Off

The fund managers are bona fide jerks. They pushed the CI up slightly by pushing up some key component stocks like Genting at the close. And voila! CI goes up 5.42 points to 1383.84. Losers were still ahead of gainers 553 to 255. Volume was at 1.13 billion shares worth some RM1.72 billion. Not too bad.

Gainers were SOP which soared 80 sen; Digi ringing up a gain of 80 sen as well; Nestle foaming up 70 sen and Asiatic topping up 35 sen. Losing were Public Bank, off by 30 sen; Bursa and Boustead each declining 20 sen. The STAR lost 18 sen.

Portfolio perked a bit with Genting gaining a last reprieve buy-in at RM7.95 up 15 sen. Gaming comrade BJ Sports Toto also climbed 6 sen to RM5.00. Staying at their overnight levels were Metronic at 17.5 sen and Resorts at RM3.72. KHSB fell 3.5 sen to 99.5 sen while RCE dropped 2 sen to 91 sen. Elsewhere, Welli fell a sen to 81 sen.

Dow should be better tonight to give Bursa a push tomorrow. Bursa should have a winning smile just like our adorably charming lady up there.

Heartsong

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