Dull Bursar

Morning session was dull with the CI moving into positive territory by the noon close. The CI was at 1427.65 up 2.52 points. Losers outnumbered gainers 394 to 241. Volume traded was 358 million shares worth 571 million ringgits.

Gainers were Digi rising 30 sen along with TM. Maybank and Aeon also moved up by 20 sen each. BAT lost 75 sen and Equine-LA slided 67 sen. Cepco went down by 28 sen while SPSetia skidded off 20 sen.

Portfolio was fair. Genting added 5 sen to RM7.65 while Resorts moved up 4 sen to RM3.74. Elsewhere, RCE and KHSB added 0.5 sen to 86.5 sen and 88 sen accordingly. BJ Sports Toto and Metronic were at their overnight levels of RM5.10 and 16 sen but Welli went down a sen to 56.5 sen.

I expect a range-bound afternoon.

Heartsong