Dow was up 26 last night at 14803. Europe
closed mixed. Dow's trend is down. Dow's future is now +88.
Europe opened up.
Asian bourses were mixed. Nikkei
+157, ShanghaiC -21, Hangseng -83. STI closed +18 at 3173. Volume
was 3.5b shares. Gainers were 322 to 160 losers.
Trend of STI has broken the short term
down trend.
Top volumes were YHM +0.5, ICP +0.1,
Albedo -0.2, Innopac -0.1, Ipco unchanged, AdvSCT unchanged, Oakwell +1.1,
Hankore unchanged, Sunmoon -0.1, AsiaPhos -2.5.
Market opened up and stayed up for the
whole session. Bargain hunting continued. Blue chips were mostly
up. Penny and speculatives were generally firmer.
Overall sentiment was better boosted
by the firm opening in Europe and a very positive Dow future. These could
be signs that some compromise solution could be found in Washington to
break the impasse.
No comments:
Post a Comment