Friday, January 4, 2008

Jacked Up Bursa!

The GLCs were super busy-perhaps on instructions to boost up the CI. I do not believe fund managers did it. The CI shot through to hyper space to end at 1466.67 up 31.29 points. Gainers flexed their muscles with 642 greens over losers' 206 reds. Volume was 942 million shares worth a fantastic RM2.26 billion.

Asiatic led the gainers pushing the envelop by 65 sen. IOICorp followed with a sprightly 60 sen gain alongside TM and Sime Darby. Losers were SAAG which dropped 20 sen along with Tanjong and Yikon which lost 18 sen. MPI was lower by 10 sen.

Portfoliofollowed the index. Genting added 10 sen to RM7.75; BJ Sports Toto improved 10 sen to RM5.20; Welli was 0.5 sen better at 55.5 sen. KHSB was up 2.5 sen to 91.5 sen while RCE tacked on 2 sen to 85.5 sen. Metronic was dull at its overnight level of 15 sen while Resorts slipped 6 sen to RM3.92 sen.

It was a super duper Bursa at its best on a Friday.

What is the message?

Heartsong

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