Friday, June 1, 2007

Expect a Fair Day


This could be the turn-around day. Market opened better. Index went up 3.6 points to 1,350. By noon, it closed at 1,357.39 points-up 10.5 points and finished the day at 1,360 up 13.2 points.

Genting attracted interest to move up 30 sen to RM8.20; Resorts World was 2 sen off at RM3.20 with the largest volume of 12.7 million shares. RCE was 3 1/2 sen better at 84.5 sen on a volume of 2.2 million shares. KPS was a sen better at RM1.18 and BJ Toto was 4 sen better at RM4.92.
Metronic went up 1 sen to 36 sen.

Transmile was re-quoted at RM6.25 and went down RM2.90. POS was 10 sen better at RM4.26 for a 12 sen gain. I guess the Khazanah buy-back mechanism went into play in the morning session as POS is a GLC.

SAAG shot up RM1.05 followed by KFC with a 75 sen gain and DIGI; with a 70 sen gain.


Heartsong



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