Running out of Steam!The morning was glorious. The market was swamped with buyers galore. The CI shot over the moon and found uncharted territory.
The afternoon session was equally hot but prices of second liners and penny stocks started to fall. Bargain hunters ran for their lives, taking what profits they could before the week closes.
At the close, the CI rose 24.56 points to 1516. There were461 gainers compared to 412 losers. Volume of shares traded was 1.75 billion worth RM4.35 billion. The gainers included Digi which rose RM1.40 and Bursa and WCT which rose 90 sen each. Commerz added 70 sen. The losers were SAAG which lost 40,SAAG-WA which slipped 32 sen,IOIProp which gravitated downwards by 30 sen and TWS which slipped 20 sen.
The portfolio was not exciting. BJ Sports Toto was up 15 sen to RM5.30 while Genting added 10 sen to RM7.95; Resorts and Welli was unchanged at RM4.16 and 56.5 sen respectively. Metronic slided 0.5 sen to 16 sen and RCE lost a sen to 89 sen. Elsewhere KHSB added 2 sen to RM1.03.
Have a happy week-end.
The afternoon session was equally hot but prices of second liners and penny stocks started to fall. Bargain hunters ran for their lives, taking what profits they could before the week closes.
At the close, the CI rose 24.56 points to 1516. There were461 gainers compared to 412 losers. Volume of shares traded was 1.75 billion worth RM4.35 billion. The gainers included Digi which rose RM1.40 and Bursa and WCT which rose 90 sen each. Commerz added 70 sen. The losers were SAAG which lost 40,SAAG-WA which slipped 32 sen,IOIProp which gravitated downwards by 30 sen and TWS which slipped 20 sen.
The portfolio was not exciting. BJ Sports Toto was up 15 sen to RM5.30 while Genting added 10 sen to RM7.95; Resorts and Welli was unchanged at RM4.16 and 56.5 sen respectively. Metronic slided 0.5 sen to 16 sen and RCE lost a sen to 89 sen. Elsewhere KHSB added 2 sen to RM1.03.
Have a happy week-end.
Heartsong
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