Tuesday, January 8, 2008

Garang Sekali!

Just like our beauty above, Bursa is garang sekali! It climbed to new heights again by adding 7.3 points pushing the CI to1478.07. Gainers galloped away at 406 compared to 301 losers.Volume was 555 million shares at RM1.260 billion. Good numbers! Lee Kuan Yew's statement that the Malaysian economy will be steaming along in 2008 supported Bursa!

Maybank finally moved up. Its CA warrant upped 58 sen while its mother share took on a gain of 50 sen. Digi zoomed up 70 sen while Kulim took off with an increase of 55 sen. Losers were Nestle dropping 25 sen and IJM-WB, Sime Darby and KLK losing 20 sen each.

Portfolio was good. Resorts added 8 sen to RM4.02,KHSB topped up 1.5 sen to RM1.01,RCE moved up 2 sen to89 sen and Metronic was 0.5 sen better at 15.5 sen. Genting was unchanged at RM7.65 but BJ Sports Toto slided 5 sen to RM5.20. Welli fell by 1.5 sen to 53.5 sen.

I expect the afternoon to be steady.

Heartsong

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