Thursday, January 24, 2008

High Risks!

The response in barely adequate - hardly promising. In spite of clawing back 28.12 points the Bursa recovery seems uncertain at best. A lot will depend on Dow tonight. CI was at 1383.35 at the day's close. There were 730 gainers gleefully taunting 180 losers. Volume was good at RM1.48 billion shares worth some RM3.18 billion.

Gainers were high-flying BAT adding RM1.25, Bursa escalating by 80 sen;Sime Darby reclaiming 60 sen and Parkson ascending by 60 sen as well. The losers were unknowns such as Ta Ann going down 25 sen;Signature giving up 20 sen; off-loading 20 sen and TAHPSHexagon slipping 19 sen.

The portfolio was alright. Genting added 15 sen to RM7.25;Resorts added 2 sen to RM3.62;Welli adding 4.5 sen to 57.5 sen, RCE topping up 4 sen to 79 sen and
KHSB increasing 1.5 sen to 86 sen. Metronic improved 0.5 sen to 13 sen. BJ Sports Toto was unchanged at RM4.98.

Heartsong

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