Is The Sime Game Over?At long last Sime Darby shares fell. The CI was put into red territory losing 9.89 points to 1409.45.Losers overpowered gainers 436 to 220. Among gainers were Equine upping 22 sen;Asiafile riding up 20 sen,Tenaga rising 20 sen and CCM ascending 18 sen. Losers were led by Digi dropping 95 sen; Sime buckling under selling pressure losing 40 sen, DFZ sliding 30 sen and BAT reducing 25 sen.
The portfolio was fair. Genting improved 10 sen to RM7.80 ex-dividend;KHSB gaining 1.5 sen on fresh interest and RCE at its overnight level of 85 sen. BJ Sports Toto succumbed to a 5 sen loss to RM5.00 while Metronic went down 0.5 sen to 15.5 sen. Meanwhile Welli slipped 2 sen to 57 sen and Resorts also lost 2 sen to RM3.84.
Afternoon is also not promising and CI may suffer a double digit loss.
Heartsong
The portfolio was fair. Genting improved 10 sen to RM7.80 ex-dividend;KHSB gaining 1.5 sen on fresh interest and RCE at its overnight level of 85 sen. BJ Sports Toto succumbed to a 5 sen loss to RM5.00 while Metronic went down 0.5 sen to 15.5 sen. Meanwhile Welli slipped 2 sen to 57 sen and Resorts also lost 2 sen to RM3.84.
Afternoon is also not promising and CI may suffer a double digit loss.
Heartsong
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