Wednesday, January 2, 2008

The Morning After..........

So after bidding farewell to 2007, we confront 2008 and first thing in store for us is the guillotine RM40 per transaction charge. As expected volume shrunk.

The CI retreated marginally 0.36 point to 1444.67 on a lower volume of 278 million shares. Value was at RM408 million. Losers kicked butt 370 to the gainers' 181.

On the gainers'front; we have KNM climbing 35 sen,TM upping 30 sen,SAAG moving higher by 25 s
en and KLK shooting up 20 sen. Losers were Cepco losing big time by 52 sen,UMW slipping 40 sen alongside with CIMA and Commerz taking a loss of 30 sen.

The portfolio was dismal as well. Resorts added 12 sen to RM4.00 and RCE added 0.5 sen to 84.5 sen. BJ Sports Toto and Genting were unchanged at RM5.05 and RM7.90. Welli fell 2.5 sen to 54.5 sen while Metronic slumped 0.5 sen to 15 sen. KHSB lost 1.5 sen to 90 sen.

Expect a dull afternoon.

Heartsong

No comments: