Dow and Europe were slightly lower last
night. Dow -52 at 15973. Dow's trend slips down again. Dow's
future is now -16. Europe opened mixed.
Asian bourses were mostly down. Nikkei
-96, ShanghaiC -33, Hangseng -406. STI closed -16 at 3065. Volume
was 1.7b shares. Gainers were 112 to 302 losers.
Trend of STI is down.
Top volumes were Albedo +0.9, OttoMarine
+0.6, CharismaEner +0.1, Blumont +0.3, ThBev +1, HPHTrust -1.5, Vallianz
-0.2, GoldenAgr -1.5, SingTel -1, CCFH +0.7.
Market opened flat but slipped down
along the day to close near day low. Blue chips continued to be sold down.
Penny and speculatives wer also weaker. There was little interest
in buying after 6 days of falls.
Europe and Dow are looking flat at the
moment.
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