On the Home Stretch of 2007!Bursa is coming out strong to welcome 2008. It is running as if there is no tomorrow to create new highs every trading day! GLCs are blue chip companies are playing safe sex-window dressing before the year goes off.
Gainers overwhelmed losers almost evenly 416 to 425. Bursa moved up 9.22 points to lift the CI to 1439.42. Volume was at 663 million worth RM1.29 billion.
Among gainers were SAAG WA which shot up 82 sen;SAAG which gained 60 sen;UMW which rose 40 sen and PPB which climbed 30 sen. Losing today were Utd Plant which lost 20 sen and Engkah which slipped 20 sen as well. LDaun went down 15 sen while Digi was marginally off by 10 sen.
The portfolio underperformed. Except for Genting which gained 5 sen to RM7.95; RCE Cap which clinched 0.5 sen to 85 sen and KHSB which added 1.5 sen to 91.5 sen; most were overnighters and losers. Losers were Resorts was unchanged at RM3.78 and BJ Sports Toto was at its overnight spot of RM5.00. Welli and Metronic both back slided 0.5 sen to 57 sen and 15 sen respectively.
I do not expect the portfolio to finish the year in the black. It is muddied with red ink!
Heartsong
Gainers overwhelmed losers almost evenly 416 to 425. Bursa moved up 9.22 points to lift the CI to 1439.42. Volume was at 663 million worth RM1.29 billion.
Among gainers were SAAG WA which shot up 82 sen;SAAG which gained 60 sen;UMW which rose 40 sen and PPB which climbed 30 sen. Losing today were Utd Plant which lost 20 sen and Engkah which slipped 20 sen as well. LDaun went down 15 sen while Digi was marginally off by 10 sen.
The portfolio underperformed. Except for Genting which gained 5 sen to RM7.95; RCE Cap which clinched 0.5 sen to 85 sen and KHSB which added 1.5 sen to 91.5 sen; most were overnighters and losers. Losers were Resorts was unchanged at RM3.78 and BJ Sports Toto was at its overnight spot of RM5.00. Welli and Metronic both back slided 0.5 sen to 57 sen and 15 sen respectively.
I do not expect the portfolio to finish the year in the black. It is muddied with red ink!
Heartsong
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