Buried Alive!The Bursa has closed out the retailers-the very people they wanted to attract in the first place. Look at the picture above.The retail community is dead because of the RM40 issue.Now, the guardians of the bursa is shifting goal-posts by putting counters that got government contracts to be component stocks. I wonder what else they would like to do? Khazanah, Valuecap and its siblings, the EPF, SOCSO,Amanah Raya, LTH and PNB have been pistol-whipped into action to shore up the CI for the impending general elections in late February-early March. The BN war-chest is already full! It is overflowing!
But when man propose, God dispose! And so through the sub-prime issue, God mow down Dow and the world equities markets. Bursa which tied to show that it has more bola than others in early January 2008 is now a victim of its own action! The CI dropped 24.86 points to 1380.56. Losers bushwhacked gainers 666 to 168. Volume was at 739 billion shares worth RM1.39 billion.
Leading the gainers were SPSetia-WB which which zoomed up 54 sen; Nestle leaped up 50 sen, Maypak added 30 sen and Loh and Loh which ascended 26 sen. The losers were AMMB which lost RM3.51. (There must be a mistake here);BAT which slipped 75 sen, Aeon which slumped 70 sen and PPB which surrendered 50 sen.
The portfolio was fully autistic! The poor savant performed dismally. Genting lost big time by 15 sen to RM7.35;Resorts World fell 10 sen to RM3.62; KHSB slipped 4 sen to 83.5 sen while RCEB went down 2.5 sen to 78 sen.BJ Sports Toto meanwhile stood unchanged at RM5.10 but Metronic inched up 0.5 sen to 13.5 sen.
A lousy day at the stocks!
Heartsong
But when man propose, God dispose! And so through the sub-prime issue, God mow down Dow and the world equities markets. Bursa which tied to show that it has more bola than others in early January 2008 is now a victim of its own action! The CI dropped 24.86 points to 1380.56. Losers bushwhacked gainers 666 to 168. Volume was at 739 billion shares worth RM1.39 billion.
Leading the gainers were SPSetia-WB which which zoomed up 54 sen; Nestle leaped up 50 sen, Maypak added 30 sen and Loh and Loh which ascended 26 sen. The losers were AMMB which lost RM3.51. (There must be a mistake here);BAT which slipped 75 sen, Aeon which slumped 70 sen and PPB which surrendered 50 sen.
The portfolio was fully autistic! The poor savant performed dismally. Genting lost big time by 15 sen to RM7.35;Resorts World fell 10 sen to RM3.62; KHSB slipped 4 sen to 83.5 sen while RCEB went down 2.5 sen to 78 sen.BJ Sports Toto meanwhile stood unchanged at RM5.10 but Metronic inched up 0.5 sen to 13.5 sen.
A lousy day at the stocks!
Heartsong
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