Wednesday, December 26, 2007

Smashing time on Boxing Day for Window-dressing

Miss Singapore 2007 is no doubt a smasher.

Bursa also had a its share of smashing time today, window dressing on Boxing Day. Random walk window dressing took place which accounts for only a marginal CI increase of 0.78 points to 1424.02. Gainers romped home beating losers 490 to 320 in a very long time. Volume was at 632 million shares worth RM 1,01 billion.

Leaders among gainers were Batu Kawan shaping up well to tack on 40 sen. Also adding 40 sen each are Aeon, Dutch Lady and LCL. Losers saw the likes of Tanjong losing 50 sen along with Digi. MISC sank 30 sen while KFC slipped 20 sen.

The portfolio was wobbly. B J Sports Toto managed a 5 sen increase to RM5.10 while KHSB added 2 sen to 88 sen. Both RCE and Welli were better 0.5 sen at 83.5 sen and 57.5 sen. Genting and Metronic were unchanged at RM7.75 and 15 sen respectively. Resorts World lost 2 sen to RM3.76.

Tomorrow may be a better day for the other counters. As the RM 40 guillotine remains so, CI should fell towards the end of the year.

Heartsong

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