Europe and Dow had a good recovery last
night. Dow +129 at 15885. Dow's trend is still down but levelling. Dow's
future is now flat. Europe opened down.
Asian bourses were mixed. Nikkei
+126, ShanghaiC -10, Hangseng -45. STI closed +11 at 3064. Volume
was 2.9b shares. Gainers were 234 to 157 losers.
Trend of STI is flattening and turning
up.
Market opened up and remained up for
the whole day but STI traded in a small range. Most blue chips were up.
Penny stocks were firmer.
Though volume has gone up but retail
participation was still negligible.
Europe opened down while Dow's future
is flat at the moment.
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