Thursday, January 31, 2008

Slight Bounce!

So there was some follow-up in the afternoon session. Possibly GLCs on instructions to lift the CI. The market improved 9.17 points to 1393.25 on a volume of 806 million shares worth a value of RM1.93 billion. Gainers were slightly ahead of losers 399 to 361.

Nestle heads the gainers picking up 50 sen. LCL pushed ahead to take 45 sen,The Store climbed up 44 sen and Pelikan rose 36 sen. The losers were BKawan tumbling 40 sen;IJM dropping 30 sen;MetalR falling 28 sen and CYL slipping 23 sen.

The portfolio was so-so. Resorts World tacked on14 sen to RM3.90,Genting improved 5 sen to RM7.30 while BJ Sports Toto was better 5 sen at RM5.20. KHSB dropped a sen to 82 sen while RCE was off 0.5 sen to 78 sen. Welli went down by 0.5 sen to 56 sen while Metronic was unchanged at 13.5 sen.

A good Dow tonight can make Bursa shine tomorrow.

Heartsong

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