Friday, December 21, 2007

Window Dressing all the way

Jingle bells,jingle bells, jingle all the way,
Oh what fun it is to window dress all the way!
Ho ho ho ho!

And so as we hear the strains of the Christmas carol, the GLCs and the blue-chip stalwarts bumped up the prices of their counters, laughing all the way.

The CI was mat rempit up some 16.35 points to 1403.56 points. Gainers beat losers 472 to 344. Volume was at 636 million shares worth RM1.4 billion.

Among gainers was VADS which zoomed 60 sen. KLK rose 50 sen;The Store added 40 sen and KFC jumped 35 sen. Losers were led by MISC which slipped 50 sen; Equine LA which dropped 31 sen; Zelan which fell 25 sen and Aeon slumping 20 sen.

The portfolio showed luke-warm performance. Resorts rose dramatically by 14 sen to RM3.74 while KHSB added 0.5 sen to 85 sen;Metronic skidded off 0.5 sen to 15 sen and Welli was off by 0.5 sen to 59.5 sen. RCE added a sen to 82.5 sen but Genting weakened by 5 sen to RM7.50. Meanwhile BJ Sports Toto added 5 sen to RM5.05.

We break for the weekend on a high note. We can see more window dressing on Monday if the Dow performs tonight.

Meanwhile start adoring Amelia, Miss World 2003.

Heartsong

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