Sleeping Bursa

Now, what do we have here? It's that Spanish razzle-dazzle Penelope Cruz, a national treasure of Spain! Amorous, delectable and provocative. She will give you the hots!

But Bursa-I cannot equate Penelope to the billions on bursa. Bursa sucks! This is yet another day, where it stunk to high heaven; falling by a further 4.3 points, dragging the CI to 1380.43. Losers and gainers were engaged in a tug-of-war 350 to 345. Volume is shrinking. Traded share amounts to 505 million with a worth of RM642 million.

Among gainers were BAT smoking on a high to rise 75 sen. Tanjong won on a bet to up 30 sen while Loh & Loh reconstructed itself to move up 26 sen. Parkson netted a 25 sen gain. Losers lost little percentage-wise. Digi lost a mere 20 sen and so did KNM and Commerz. IOICorp gave up 15 sen.

The portfolio continues to be dull. Resorts added a token 2 sen to RM3.72 while KHSB notched up 0.5 sen to 95.5 sen. Genting was asleep at its overnight level of RM8.15;so was RCE at 92.5 sen and BJ sports Toto at RM4.94. Meanwhile Welli sunk lower than the Titanic losing 0.5 sen t0 86 sen.

Unless a fresh breath of GLC and foreign funds come in, Bursa will be in deep siesta through-out the afternoon session.

Heartsong