Friday, January 4, 2008

Pre-Election Ramp Up!

The CI was over the moon at the lunch break close. It closed 22.77 points at new high of 1458.15. Wunderbar! A close scrutiny will tell you it is all hogwash and a result of GLC action! Rempit - Bursar style. Gainers were miles ahead of losers 436 to 217. Volume was 437 million valued at RM991 million.

Among gainers, Asiatic tossed up a gain of 65 sen and following behind was TM with 60 sen. IOICorp and BKawan were better 50 sen. Losers were MPI sliding 30 sen, BJLand off 20 sen,SAAG down 15 sen and KFC losing 10 sen.

The portfolio perfromed alright. Genting regained 20 sen to RM7.85;BJ Sports Toto was better 5 sen at RM5.15;KHSB rose 1.5 sen to 90.5 sen while RCE was 0.5 sen better at 84.5 sen. Metronic was unchanged at 15 sen Meanwhile Resorts lost 4 sen to RM3.94 and Welli lost 0.5 sen to 54.5 sen.

Expect the afternoon session to be stable.

Heartsong

No comments: