The posture for Bursa is the same but read the picture in the order Chinese people do;from right to left. The shorty monkey is bursa.
Anyway, with a humongous rise on Wall Street or over 320 points, the CI managed only a miserly rise of 2.3 points to 1368.97. For a change, gainers were ahead of losers 377 to 269. Volume was better at 551 million worth 768 million ringgits.
The gainers were gaming counter Tanjong rising 40 sen;TStore profiting 30 sen;MMCCorp notching up 20 sen and Parkson gaining 15 sen. Losers were unknown Comintl which nose-dived 43 sen;KLK tossed down 40 sen,QSR losing 30 sen while Nestle slumped 25 sen.
The portfolio was fair. BJ Sports Toto added 2 sen to RM4.98;Genting up 5 sen to RM8.05;KHSB upped 1.5 sen to 89 sen and Resorts rose 2 sen to RM3.72. RCE was at its overnight level at 85.5 sen. However, Welli dropped big time. It fell another 8 sen to finished at 57 sen. Metronic glided down 0.5 sen to 16 sen.
Afternoon is not promising.
PS: Bursa ended up almost 10 points in the afternoon because of local fund involvment.
Heartsong
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