Dow and Europe were up last night. Dow
+96 at 15509. Dow's trend is up. Dow's future is now -3. Europe
opened down.
Asian bourses were mostly down.
Nikkei -398, ShanghaiC -31, Hangseng -137. STI closed -9 at
3209, Volume was 2.2b shares. Gainers were 192 to 263 losers.
STI's trend is slightly up.
Top volumes were Innopac -0.4, YHM unchanged,
Blumont -3.7, SIICEnv +1.2, Hankore unchanged, Asiasons -4.1, LionGold
-4.5, Acma unchanged, Albedo -0.1, GoldenAgr -1.
Market opened up but drifted down through
the day to close near day low. Volume was low. Blue chips were mixed while
penny and speculatives were weaker. The three counters of Blumont,
Asiasons and LionGold fell again with news that SGX is conducting an investigation
on the volatility of these stocks that cost the lost of $8b.
Europe and Dow are looking a bit weak
for a Friday.
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