Minimal Damage

Bursa is certainly standing tall. While the dastardly Dow ravages the Asian markets, Bursa lost only 3.19 points to 1513.03. There were 584 losers as compared to only 178 gainers. Volume of shares done was 603 million worth RM1.22 billion. A random walk pattern has been observed with Commerz taking a volume role.

The gainers were United Plant running up a gain of 90 sen, SWKPlant moving up 32 sen,Commerz swinging a profit of 30 sen and SAAG-WA adding on 28 sen. The losers were led by Digi losing big-time by RM1.10,WCT followed closely sliding 25 sen. They were followed by Bursa and MMCCorp both losing 20 sen each.

The portfolio was campy! BJ Sports Toto and Genting were each relieved of 10 sen to RM5.20 and RM7.85 accordingly.Resorts shaved off 8 sen to RM4.06. Welli lost 1.5 sen to 55 sen while Metronic gave up 0.5 sen to 15.5 sen. Elsewhere, RCE added 0.5 sen to 89.5 sen and KHSB put on a sen to RM1.04.

Rather dull market this morning and it will continue to be so in the afternoon.

Heartsong