Thursday, January 31, 2008

Bursa in Fatigue!

Try as it may, try as it might, the Dow rules and Bursa kowtows. At the lunch close, CI managed a feeble up-tick of 1.79 points moving up to 1385.87. Gainers were outran by losers 188 to 369. Volume were real low at 362 million shares worth some RM788 million. Some GLC action but insufficient to do the CI any real good.

Sime put on 20 sen along with PBBank and Biport while F&N was 15 sen better. BKawan lost 40 sen and IJM slid 30 sen. Elsewhere, MPI decreased 25 sen and Commerz lost 20 sen.

The portfolio was mixed with a losing bias. Genting added 5 sen to RM7.30 and Resorts World improved 8 sen to RM3.84.
Metronic and KHSB were unchanged at 13 sen and 83 sen but BJ Sports Toto weakened by 5 sen to RM5.10. RCE lost a sen to 77.5 sen and Welli started scuba again losing 2.5 sen to 54 sen.

Could be another dull afternoon watching paint drying and grass growing. Watching the two birds is more fun!

Heartsong

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