Thursday, September 9, 2010

Etika $1.00 - Boosts Portfolio

The STI ended the week above the 3,000 mark but was largely directionless as traders here were hesitant holding positions over the Hari Raya weekend.

Etika and Biosensors were the main drivers of my portfolio. Etika closed at $1.00 as it had recently announced the book closure date for the proposed 1-for-1 bonus issue. Biosensors trended higher on sentiment. Outlook ahead remains positive for me.

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