Dow and Europe were slightly up last
night. Dow's trend is starting to turn up. Dow's future is now +18.
Europe opened positive.
Asian bourses were mostly weaker. Nikkei
-39, ShanghaiC -1, Hangseng -67. STI closed -32 at 3082. Volume
was 2b shares. Gainers were 137 to 286 losers.
Trend of STI is down
Top volumes were Albedo -1.1, CharismaEner
unchanged, Blumont -0.9, HanKore -0.2, Innopa -0.2, F&N unchanged,
Dragon -1.8, Magnus +0.1, OttoMarine unchanged, HPHTrust -1.5.
Market opened flat but drifted down
through the day with more selling in late afternoon. Blue chips were mostly
red, probably due to some negative rumours. Penny stocks were also
weaker.
Europe and Dow are looking ok for tonight.
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