BSKL-Topsy Turvy and Clueless

BSKL is Topsy-Turvy

You just cannot discuss the BSKL rationally these days.

May be it is not meant to be.

As the penny stocks lost steam a couple of trading days back, the giants are being brought down systematically today.

Starting with the felling of the telecommunications counters, the disease has spread even to retail. Amway got hurt bad and they also shot down Sime Darby today.

On the other hand, some parties are pumping up Astro while the pension funds are still selling down TM, Digi and YTL Corp.

The market appears to lack directions.

It is marginally lower each day, decimated by sporadic selling on the blue chips and the penny stocks seems to be doing better today such as THH Engineering with some some headway traction to appear green on the board.

Directionless and clueless

Let us see how next week will fare as world markets are also getting clueless.