Buckling at the KneeAs a follow up to my earlier blog today, all indicators pointed to a falling market as the first session ended. Buckling at its knee, it seems to weaken with every fading minute.
But what do you know, it happened during the "angel hour" in the afternoon. Market rose by 10 points to 1,364.37. However, gains were trimmed down. Those which were down, stayed down. MOX, UMW, Commerce and SP Setia went up and Equine lost big time falling 60 sen to RM3.60 followed by SAAG and Tanjong.
Market leaders, Genting and Resorts move ahead of the crowd. Gentings chalked up 25 sen to RM8.50 on the back of 14.2 million shares. Resorts took top spot in volume where 32.8 million shares were traded. It finished up 20 sen to RM3.66. BJ Toto also came to life in the afternoon putting on 25 sen to RM5.50. Meanwhile second liners were side-lined. KPS lost a sen to RM1.70 while penny stocks RCE slided down a sen to 97 sen. The other penny stocks like AMDB and Metronic were up, though. The former added 2 sen to 40 sen while the latter was a sen better at 43 sen. WMC remained unchanged at RM1.13 while JAKS slumped to 72 sen for 2.5 sen loss.
I believe the start of another "stariway to heaven" is in the offing. If buyers come in tomorrow in hot pursuit of shares which had been pared down in price, we are gonna have fun as well.
So, tell Cyndi - not only girls can have fun.
Heartsong
But what do you know, it happened during the "angel hour" in the afternoon. Market rose by 10 points to 1,364.37. However, gains were trimmed down. Those which were down, stayed down. MOX, UMW, Commerce and SP Setia went up and Equine lost big time falling 60 sen to RM3.60 followed by SAAG and Tanjong.
Market leaders, Genting and Resorts move ahead of the crowd. Gentings chalked up 25 sen to RM8.50 on the back of 14.2 million shares. Resorts took top spot in volume where 32.8 million shares were traded. It finished up 20 sen to RM3.66. BJ Toto also came to life in the afternoon putting on 25 sen to RM5.50. Meanwhile second liners were side-lined. KPS lost a sen to RM1.70 while penny stocks RCE slided down a sen to 97 sen. The other penny stocks like AMDB and Metronic were up, though. The former added 2 sen to 40 sen while the latter was a sen better at 43 sen. WMC remained unchanged at RM1.13 while JAKS slumped to 72 sen for 2.5 sen loss.
I believe the start of another "stariway to heaven" is in the offing. If buyers come in tomorrow in hot pursuit of shares which had been pared down in price, we are gonna have fun as well.
So, tell Cyndi - not only girls can have fun.
Heartsong
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