Thursday, December 13, 2007

Still Going Under

The morning session was certainly dull except for Aeon Credit which spurted up again by 54 sen against the currents. The CI closed 6 points down at 1417.84. Gainers were overtaken by losers 225 to 428. Volume was a miserable 311 million shares worth RM630 million. This is indicative that big blues are not being played and the likelihood is volume is spurred by Aeon Credit.

among gainers was Aeon Credit which catapulted up 54 sen; Anjoo-WR which notched up 30 sen,Asiatic which topped up 20 sen and KNM which rose 15 sen. Losers saw the likes of Bursa losing 50 sen; DFZ dropping 48 sen; Far East slipping 30 sen and Asiafile tanking 20 sen.

The portfolio was mediocre with morning gains being trimmed. Genting was at its overnight level of RM7.90 while BJ Sports Toto rose 10 sen to RM5.30. Metronic was 0.5 sen better at 16 sen while KHSB
and Welli were down a sen each to 85 sen and 54.5 sen each. RCE was off by 0.5 sen to 84.5 sen while Resorts rose 6 to RM3.76.

I believe the afternoon will mirror the morning session.

Heartsong

No comments: