Joyless Ride

Today is one dull day. A joyless ride. Trading is relatively thin at 869 million shares worth 1.49 million ringgits. CI was better in the afternoon finishing at 1296.48 up 8.78 points. Losers still took pole position at 519 against 333 losers. BHIC continue to hog the limelight putting on RM1.99 followed by Transmile which gained 56 sen. MPI added 55 sen and Gamuda tacked on 45 sen. Losers were Stemlife losing 64 sen, TaAn dropping 40 sen and Guthrie losing 25 sen.

The shadow portfolio was mixed. Genting and BJ Sports Toto, RCE and JAKS managed to gain. Genting added 5 sen to RM7.50;BJ Sports Toto; 2 sen to RM4.84; JAKS added 2,5 sen to 90 sen and RCE notched up 2 sen to 88 sen. Metronic and Welli were the losers. Metronic lost 1 sen to 18.5 sen and Welli 3 sen to RM1.18. Resorts World lost 2 sen to RM3.78.

Dull trading day. Most Asian markets are up though. So that will bode well for Bursa. US Futures also did well and so can encourage investors on Wall Street tonight to be quick on the buy.

We await the unfolding drama.

Heartsong