Disappointing FinishAs predicted the market went down further at the close. CI lost 8.2 sen to 1369.23. Volume of shares traded was 1.28 billion worth RM2.17 billion. Losers outpaced gainers by 617 to 299. Gainers held steady all day especially Muhibbah, Zelan, Cepco and Shell while losers were LCL, Cheetah, Nestle and Gamuda.
Portfolio stocks performed badly. Resorts fell 6 sen to RM3.82 on the back of heavy volume of 23.4 million shares. Genting slumped 20 sen to finish at RM8.25. A total of 6 million shares were traded. BJ Sports Toto was at its overnight level of RM5.10 while Welli sank to RM1.38 for a 4 sen loss. AMDB closed lower by 1.5 sen to 39 sen while KPS lost a sen to RM1.72. Metronics also lost a sen to 0.235 sen. JAKS meanwhile gained 0.5 sen to 79.5 sen with a volume of 7.2 million shares traded. RCE free-fell 3 sen to 99 sen.
Thoroughly disappointing day but it is this kind of market day that will see strong rebound when the market returns.
Heartsong
Portfolio stocks performed badly. Resorts fell 6 sen to RM3.82 on the back of heavy volume of 23.4 million shares. Genting slumped 20 sen to finish at RM8.25. A total of 6 million shares were traded. BJ Sports Toto was at its overnight level of RM5.10 while Welli sank to RM1.38 for a 4 sen loss. AMDB closed lower by 1.5 sen to 39 sen while KPS lost a sen to RM1.72. Metronics also lost a sen to 0.235 sen. JAKS meanwhile gained 0.5 sen to 79.5 sen with a volume of 7.2 million shares traded. RCE free-fell 3 sen to 99 sen.
Thoroughly disappointing day but it is this kind of market day that will see strong rebound when the market returns.
Heartsong
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