Tuesday, January 8, 2008

Bursa is pushing the envelope!

The current of buying was tremendous-hammering blows onto the CI. Buyers were swarming the market buying off this and that. Maybank is today the darling stock! Just like Sunny above, who is our darlingest! CI went into a new high at 1489.74, up 18.97 points. Gainers were miles ahead of losers 597 to 245. Volume of shares traded was extraordinarily large at 1.25 billion worth RM3.076 billion,thanks to Maybank.

Maybank CA added 92 sen, Maybank upped 80 sen while DFZ-PB moved up 74 sen and Bursa
shot through adding another 70 sen. Losers were Nestle and BAT which slipped 25 sen each while PPB and KLK lost 20 sen each.

The portfolio followed the crest of the buying wave. Resorts added 10 sen to RM4.04,Genting notched up 10 sen to RM7.75;BJ Sports Toto improved 5 sen to RM5.30,KHSB added 3.5 sen to RM1.03 and RCE was 3 sen better at 90 sen. Welli was good with a 2 sen gain at 57 sen and Metronic finally added 0.5 sen to 15.5 sen.

A good day in spite of a marginal Dow.

Heartsong

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