Time to Take a BreatherYesterday was one big historic climb. So today is a day of rest. At the end of trading, CI edged up 1.69 points to 1,387.96. Another all-time high.
Hogging the limelight were Petra which ''shot to the moon'' increasing a humongous RM6.52; followed by DIGI which jumped RM1.20. Cima added 80 sen and Petronas Gas upped 30 sen. Losers included Transmil which dropped to RM4.54 with a 40 sen loss.
Fallen angel, PSH went down to RM4.08 for an 12 sen drop. I believe the ''unseen hand'' is busy propping this counter up as it is a GLC. Let us see who wins - gravity of public investor opinion or hard cash support? Maybe a Pyrrhic victory for some is good for their ego...
Resorts went down 8 sen to RM3.50 on a volume of 123 million shares. Genting, however, added 5 sen to RM8.10. BJ Toto took a breather and a 5 sen loss to RM5.35; trading on a volume of close to 40 million shares. Metronic and KPS were at their overnight levels of 38.5 sen and RM1.62 each (66 million shares traded). RCE gave up a sen to RM1.04 on a volume of 80 million shares. Meanwhile, JAKS added 2 sen to 83 sen on heavy volume of a dramatic 123 million shares.
If world markets perform well tonight, I believe Bursa will be better tomorrow.
Hogging the limelight were Petra which ''shot to the moon'' increasing a humongous RM6.52; followed by DIGI which jumped RM1.20. Cima added 80 sen and Petronas Gas upped 30 sen. Losers included Transmil which dropped to RM4.54 with a 40 sen loss.
Fallen angel, PSH went down to RM4.08 for an 12 sen drop. I believe the ''unseen hand'' is busy propping this counter up as it is a GLC. Let us see who wins - gravity of public investor opinion or hard cash support? Maybe a Pyrrhic victory for some is good for their ego...
Resorts went down 8 sen to RM3.50 on a volume of 123 million shares. Genting, however, added 5 sen to RM8.10. BJ Toto took a breather and a 5 sen loss to RM5.35; trading on a volume of close to 40 million shares. Metronic and KPS were at their overnight levels of 38.5 sen and RM1.62 each (66 million shares traded). RCE gave up a sen to RM1.04 on a volume of 80 million shares. Meanwhile, JAKS added 2 sen to 83 sen on heavy volume of a dramatic 123 million shares.
If world markets perform well tonight, I believe Bursa will be better tomorrow.
Heartsong
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