AMAZING GRACEThe good Lord answer the prayers of those in need.
He has answered our prayers for Bursa and there are strong indications that the buying pulse is stronger this morning session. Blues are being sought out including second level blue chips. Good indication funds are back.
Situational stocks are being bought ending at their peak levels. KPS and JAKS are fine examples.
The CI got back 12.12 points to push the CI above the psychological 1300 points to 1302.25. Gainers thumped losers 641 to 168. Volume was heavy at 5.6 billion shares worth 8.6 billion ringgits. Looks like the market is coming home.
Gainers were Sime taking in 35 sen, Muhibbah;30 sen;Dutch Lady milking back 30 sen and Equine galloping forward to seize 25 sen. Losers were Opus sadly losing 32 sen, KNM slipping off 12 sen and TM which lost 15 sen.
The shadow portfolio went green suite.
Genting up 15 sen to RM7.65
Resorts gambled and won hands down 8 sen to RM3.94
RCE took in 6.5 sen to 89 sen
BJ Sports Toto took in 6 sen to RM4.92
Welli came up for a breather and add 3 sen to RM1.05
Metronic telemetried 0.5 sen to 19.5 sen
Now, let us see a scenario where the market holds to better. Blue chip buying is anticipated to push the CI further.
May God continue to protect us against the forces of evil pushing down prices and causing human misery....................
May the sub-prime and the yen carrying problems be resolved with the grace and mercy of God Almighty.
Heartsong
Situational stocks are being bought ending at their peak levels. KPS and JAKS are fine examples.
The CI got back 12.12 points to push the CI above the psychological 1300 points to 1302.25. Gainers thumped losers 641 to 168. Volume was heavy at 5.6 billion shares worth 8.6 billion ringgits. Looks like the market is coming home.
Gainers were Sime taking in 35 sen, Muhibbah;30 sen;Dutch Lady milking back 30 sen and Equine galloping forward to seize 25 sen. Losers were Opus sadly losing 32 sen, KNM slipping off 12 sen and TM which lost 15 sen.
The shadow portfolio went green suite.
Genting up 15 sen to RM7.65
Resorts gambled and won hands down 8 sen to RM3.94
RCE took in 6.5 sen to 89 sen
BJ Sports Toto took in 6 sen to RM4.92
Welli came up for a breather and add 3 sen to RM1.05
Metronic telemetried 0.5 sen to 19.5 sen
Now, let us see a scenario where the market holds to better. Blue chip buying is anticipated to push the CI further.
May God continue to protect us against the forces of evil pushing down prices and causing human misery....................
May the sub-prime and the yen carrying problems be resolved with the grace and mercy of God Almighty.
Heartsong
No comments:
Post a Comment