Dow and Europe were up last night. Dow
+55 closing at 15876. Dow's trend is up. Dow's future is now
+2. Europe opened marginally down.
Asian markets had a small rally. Nikkei
+290, ShanghaiC +35, Hangseng +383. STI closed +10 at 3201. Volume
was 1.7b shares. Gainers were 249 to 189 losers.
Trend of STI is levelling and making
a turn up.
Top volumes were GoldenAgr +2, YHM -0.1,
HPHTrust +0.5, WEHldg +0.2, Europtron +1.1, Vallianz +0.5, Adventus unchanged,
KLW +0.1, Digiland unchanged, Innopac -0.1.
Market opened flat and edged up slightly
to close at day high of +10. Otherwise it was a listless day of trading
with very small volumes. Blue chips were mostly up. Penny and speculatives
were firmer but lack lustre.
With Dow and Europe strengthening and
some regional bourses rallying, our market is still sleep. Do SGX and MAS
know why?
Today is Friday and Dow and Europe are
looking for a flat session.
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