They have Got their Courage Back....I think the fear of a prolonged spillover from the China market fall has abated somewhat since there is renewed buying support today particularly in the afternoon session. The KLSE Composite Index moved up 9.3 points to 1,369.59. The market leaders were DNP Holdings with a 77 sen jump to RM3.02 followed by Bursa with a 60 sen addition while Dutch Lady and Petronas Gas had 40 sen increase each.
Resorts World held steady at its overnight level of RM3.24 on a huge volume of 12.357 million shares while Genting upped 10 sen to RM8.05 on a volume of 5.7 million shares. We could see some revival on KPS which jumped 9 sen to RM1.28 on a volume of 3.7 million shares and RCE which put on 1.5 sen to 88 sen on a volume of 4.2 million shares.
Metronic was a sen better at 37 sen on low volume and POS was 4 sen better at 4.30. BJ Toto went up to RM4.90 for a 4 sen gain. 13 million shares were traded.
A very encouraging day. Hope there will be a resilient follow-through tomorrow.
Heartsong
Resorts World held steady at its overnight level of RM3.24 on a huge volume of 12.357 million shares while Genting upped 10 sen to RM8.05 on a volume of 5.7 million shares. We could see some revival on KPS which jumped 9 sen to RM1.28 on a volume of 3.7 million shares and RCE which put on 1.5 sen to 88 sen on a volume of 4.2 million shares.
Metronic was a sen better at 37 sen on low volume and POS was 4 sen better at 4.30. BJ Toto went up to RM4.90 for a 4 sen gain. 13 million shares were traded.
A very encouraging day. Hope there will be a resilient follow-through tomorrow.
Heartsong
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