Europe were steady and Dow +75 to close at 15376
on Friday. Trend of Dow is up. Dow's future is now +176. Europe opened
up strongly.
Asian bourses were mostly up. Nikkei +17, ShanghaiC -5, Hangseng +337.
STI closed +58 at 3179. Volume was 3.7b shares. Gainers were 355 to 205
losers.
Trend of STI is up.
Top volumes were Hankore +0.4, Sunmoon unchanged, Rowsley +6, MDevt
-0.1, Albedo unchanged, CNA -2, Innopac -0.2, YHM unchanged, AdvSct
-0.1, THBev +2.
Market opened up and continued to climb throughout the session to close
at near day high. With Syria's crisis ebbing and the hawkish Lawrence
Summers withdrawing his candidacy for Fed Chairman, confidence seemed to
return to the market.
Most blue chips were up especially the banks. The mid cap stocks too
recovered from their recent lows. Penny stocks were active with some
profit taking.
Europe has opened strongly and Dow's future is in the three digit gains.
Tonight Dow is looking for a strong closing as well as Europe.
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