Thursday, January 3, 2008

Tight Trading Range

So the Dow could not rock kebal Bursa which lost only 2.4 points to 1433.28 at noon close. So not many people are worried with such a fall on Wall Street. Losers overtook gainers 455 to 151 with volume tagged at 287 million shares worth RM532 million.

Gainers were SAAG upping 45 sen;Cepco climbing 34 sen and IOICorp moving up 20 sen along with Dutch Lady. Losers were Digi being knocked down 40 sen;
Bursa sliding 30 sen;Parkson off-loading 30 sen and Pelikan writing off 20 sen.

Portfolio was below par. Except Welli which managed a token 0.5 sen, the rest took a tumble generally. Genting lost 15 sen to RM7.75 while BJ Sports Toto slid by 5 sen to RM5.15. Resorts fell 6 sen to RM3.96 while RCE and KHSB both got mowed down by 0.5 sen to 83.5 sen and 89 sen respectively. Metronic was unchanged at 15 sen.

It will be a tight market this afternoon.

Heartsong

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