Bursa in Your HandsTo many, the afternoon belonged to them. They punt the blue chips in the morning and they were richly rewarded when the market followed through this afternoon. Speculative stocks closed at almost their day's high. What a day - a day dedicated to the Lord in this Year of Jubilee. For those who made the money, it was such a sweet day to remember. To those who sold on Friday and did not buy back, they watched as their opportunity window ebbed away.
Today the market went berserk at the opening bell. Sellers came from everywhere to swamp the market place picking up sellers at will. Prices moved up gradually but firmly. Those playing CWs are now laughing all the way to the bank.
The CI climbed 51.84 points pushing the index to 53.56. Gainers thumped losers 1014 to 55. Volume of stocks traded stood at 1.44 billion worth 2.43 billion ringgits. The super gainers were Digi, Stemlife, Bursa and Genting. Losing were KFC, Engkah and IOIProp.
My shadow stock portfolio followed the trend and benefitted as well. Genting shot up to RM7.75, adding 75 sen. Resorts World was better at RM3.76. BJ Sports Toto increased 22 sen to RM4.80. This is one counter which is a bulwark of a stock. In no time, it will be back to the RM5.00 level.RCE Capital sprinted back to 79 sen, upping 7 1.2 sen while super JAKS hoisted up a couple of notches to reach 81 1/2 sen, up 71/2 sen. Metronic up a sen to 16.5 sen while Welli added 7 sen to RM1.04.
Will all these gains stay put or will they be given back tomorrow or the days following? If Dow moves up vigorously tonight, then another price ramp up is expected tomorrow. If Dow is ambivalent, then there could a marginal increase and then Bursa will have to take its own direction.
Anyway, this a good happy day for many.
Heartsong
Today the market went berserk at the opening bell. Sellers came from everywhere to swamp the market place picking up sellers at will. Prices moved up gradually but firmly. Those playing CWs are now laughing all the way to the bank.
The CI climbed 51.84 points pushing the index to 53.56. Gainers thumped losers 1014 to 55. Volume of stocks traded stood at 1.44 billion worth 2.43 billion ringgits. The super gainers were Digi, Stemlife, Bursa and Genting. Losing were KFC, Engkah and IOIProp.
My shadow stock portfolio followed the trend and benefitted as well. Genting shot up to RM7.75, adding 75 sen. Resorts World was better at RM3.76. BJ Sports Toto increased 22 sen to RM4.80. This is one counter which is a bulwark of a stock. In no time, it will be back to the RM5.00 level.RCE Capital sprinted back to 79 sen, upping 7 1.2 sen while super JAKS hoisted up a couple of notches to reach 81 1/2 sen, up 71/2 sen. Metronic up a sen to 16.5 sen while Welli added 7 sen to RM1.04.
Will all these gains stay put or will they be given back tomorrow or the days following? If Dow moves up vigorously tonight, then another price ramp up is expected tomorrow. If Dow is ambivalent, then there could a marginal increase and then Bursa will have to take its own direction.
Anyway, this a good happy day for many.
Heartsong
No comments:
Post a Comment