Thursday, December 13, 2007

Bursa Goes Zombie!

So the year is ending and bursa will be sloping south,the way it is going these days. The afternoon session was hardly a mirror of the morning. It is even worse. Unless magic happens in the final minutes and not shit. The great Aeon Credit showed Japanese might at equities-the one last hero of bursa for the year.

The CI fell some 13.16 points to 1410.56. Gainers were walloped by losers 276 to 541. Volume was 729 million shares worth RM1.53 billion. Market signals are still intact.

Among gainers were definitely Aeon Credit which garnered a gain of 52 sen; AnJoo-WR which scored 30 sen;TAHPS which rose 20 sen and Gamuda which sprung up 14 sen. Chief among losers were good ole Bursa committing suicide by losing RM1.10 sen, Parkson which took a haircut of 45 sen, KFC which lost an aromatic dollop of 35 sen and IOIProp which subsided 30 sen.

The portfolio followed the general mood-no go and no good. Genting was down 5 sen to RM7.85 but Resorts was better 6 sen to RM3.76. KHSB added 0.5 sen to 86.5 but RCE fell by a sen to 84 sen. Metronic was standstill at 15.5 sen. BJ Sports Toto, in spite of heavy buying, closed at its overnight level of RM5.20. Welli was off by 0.5 sen to 55 sen.

We may not have a favourable Dow tonight.

Heartsong

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