Tuesday, May 22, 2007

Better Opening Today


After a horrid trading day yesterday, Bursa started hesitantly better. The last two days' losses were slowly recouped. KPS was better at 3 sen at RM1.16 and RCE at 1 1/2 sen better at 85.5 sen. Genting perked up 15 sen while Resorts was at its overnight level. BJ Toto was down 2 sen to RM4.80.

News in the market said the KFC may be taken private. It added 20 sen.

Afternoon session saw follow-through and the market put on another 10 points. At the close,Resorts moved up to RM3.48 and Genting was at RM8.25 while KPS was 3 sen better at RM1.16. Meanwhile RCE notched up 1 1/2 cents to 85.5. Pos Malaysia and BJ Toto did well chalking handsome gains.

Market finished at 1,367 up a 20 good points. Hope market will continue to be good tomorrow.

Heartsong

No comments: