Bursa the Reluctant Apologist!With only a miserable rebound of 7.96 points on the CI to 1388.50, Bursa is but a lame duck apologist. some semi-blues did rebound quite convincingly but generally it was a half-hearted response to a better Dow. Gainers rushed past losers 463 to 301 on a volume of 787 million shares worth some RM1.45 billion.
Unheard of counters such as Hexagon hog the limelight with an upshot of 83 sen. Kramat was in second place improving 75 sen while Digi added 60 sen. T Ocean was better by 53 sen. The losers were IOIProp and Sime Darby,both losing 30 sen each. Asiafile dropped 28 sen while BJLand was off by 25 sen.
The portfolio was very much better. Genting improved 15 sen to RM7.50 while Resorts World jumped 20 sen to RM3.82 Elsewhere, BJ Sports Toto added 5 sen to RM5.15 and KHSB was better by 1.5 sen at 85 sen. RCE improved 0.5 sen to 78.5 sen but both Metronic and Welli succumbed to selling pressure to end 0.5 sen and 1.5 sen to 13 sen and 54.5 sen.
If the Dow moves up tonight because of a rate cut, Bursa should improve tomorrow.
Heartsong
The portfolio was very much better. Genting improved 15 sen to RM7.50 while Resorts World jumped 20 sen to RM3.82 Elsewhere, BJ Sports Toto added 5 sen to RM5.15 and KHSB was better by 1.5 sen at 85 sen. RCE improved 0.5 sen to 78.5 sen but both Metronic and Welli succumbed to selling pressure to end 0.5 sen and 1.5 sen to 13 sen and 54.5 sen.
If the Dow moves up tonight because of a rate cut, Bursa should improve tomorrow.
Heartsong
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