Directionless Again?Where are we heading? The Dow was in positive territory but influencing Bursa today it did not. We have an overbought situation yesterday when the index outdid itself. Easy come easy go. So today, like the agonizing head above, decision-less and direction-less, sellers appear to trim gains and put the trajectory in a southerly course.
The CI was down at 1241.45 down a minuscule 1.94 points. Losers were expected to outnumber gainers which they did 569 to 215. Volume was low at 584 million shares worth 889 million ringgits. Gainers were second grade blues and those situationals which had big book value in terms of contracts. SAAG was up by 40 sen,BAT;25 sen,Genealy 22 sen and Kossan by 18 sen. Left much to be desired. Looks like the true blues are missing from this list.
Looking at the portfolio, it followed the general trend. Genting was down 10 sen, Resorts dropped 12 sen ;BJ Sports Toto- 2 sen and RCE Cap 3 sen. Welli dropped to 99 1/2 sen losing 4.5 sen while Metronic was unchanged at 16.5 sen. JAKS slided 2 sen to 791/2 sen.
So, nothing great this morning for the portfolio.
Heartsong
The CI was down at 1241.45 down a minuscule 1.94 points. Losers were expected to outnumber gainers which they did 569 to 215. Volume was low at 584 million shares worth 889 million ringgits. Gainers were second grade blues and those situationals which had big book value in terms of contracts. SAAG was up by 40 sen,BAT;25 sen,Genealy 22 sen and Kossan by 18 sen. Left much to be desired. Looks like the true blues are missing from this list.
Looking at the portfolio, it followed the general trend. Genting was down 10 sen, Resorts dropped 12 sen ;BJ Sports Toto- 2 sen and RCE Cap 3 sen. Welli dropped to 99 1/2 sen losing 4.5 sen while Metronic was unchanged at 16.5 sen. JAKS slided 2 sen to 791/2 sen.
So, nothing great this morning for the portfolio.
Heartsong
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