Dull Duller Dullest!After a heavy lunch, fund managers are back and getting into their pajamas for a long siesta.
Syndicates or not, prices are falling off. This is going to be one really dog day afternoon with emptiness, hopelessness and hollowness in the air.
Like piranhas, retailers are chewing the counters down bit by bit.
The CI has fallen from the Petronas Twin Towers to 1378.09 with a minuscule gain of 0.6%. Volume is okay at 762 million shares worth 1.99 billion ringgits. Losers whacked gainers 471 to 358. Leading the gainers were Muhibbah, Lion Diversified and SAAG. The losers were LCL, Cheetah, BAT and Gamuda.
Portfolio stocks are also fast asleep. Most are swimming in maroon five ink and those which gained had their gains trimmed as well.
Resorts have slidded sullenly to RM3.84, losing 4 sen. Genting is being deserted by nervous investors falling 20 sen to RM8.25 while BJ Toto stayed at RM5.10. Metronic gave up its ghost and dropped a sen to 0. 235 sen. RCE lost a sen to RM1.02 while AMDB lost 0.5 sen to 39.5 sen.
On the plus side, KPS added a sen to RM1.74; JAKS added 2.5 sen to 81.5 sen and Welli added 2 sen to RM1.44.
Will the pricescape changed for the better when the trading session ends this evening?
Heartsong
Portfolio stocks are also fast asleep. Most are swimming in maroon five ink and those which gained had their gains trimmed as well.
Resorts have slidded sullenly to RM3.84, losing 4 sen. Genting is being deserted by nervous investors falling 20 sen to RM8.25 while BJ Toto stayed at RM5.10. Metronic gave up its ghost and dropped a sen to 0. 235 sen. RCE lost a sen to RM1.02 while AMDB lost 0.5 sen to 39.5 sen.
On the plus side, KPS added a sen to RM1.74; JAKS added 2.5 sen to 81.5 sen and Welli added 2 sen to RM1.44.
Will the pricescape changed for the better when the trading session ends this evening?
Heartsong
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