Dow was +136 while Europe marginally up last
night. Dow closed at 15327. Dow's trend is up. Dow's future is now
flat. Europe opened slightly down.
Asian bourses were mixed. Nikkei -38, ShanghaiC +14, Hangseng +17. STI
closed at 3121, +13. Volume was 9.8b shares. Gainers were 351 to 198
losers.
Trend of STI is up.
Top volumes were Sunmoon -0.1, Albedo -0.3, YHM +0.2, WEHldg +0.7,
Innopac +0.7, Hankore +0.2, Plastoform +0.6, Linair +1.6, GSH +0.2,
GemsTV +0.3.
Market opened up and hit a high of 3131 before closing near day low at
3121. Volume hit a new high of 9.8b shares boosted by penny stocks. Blue
chips were mostly up. Penny and speculatives were actively traded.
Many speculatives were gainers but off their highs with profit taking at
the end of the day.
Market appears to be bouyant but minus retail participation.
Europe and Dow are steady at this moment.
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