Europe and Dow closed positive on Friday.
Dow +42 at 16221. Dow's trend is up. Dow's future is now +48.
Europe opened up.
Asian bourses were mostly up. Nikkei
+ 11, ShanghaiC +5, Hangseng +109. STI closed+22 at 3116. Volume
was 2.7b shares. Gainers were 224 to 218 losers.
Trend of STI is turning up with a golden
crossing.
Top volumes were CharismaEner +0.1,
CCM -10.6, Albedo -0.4, Viking +0.5, HanKore -0.4, OEL unchanged, SIIC
-1, MirachEner -2.6, ChinaGaoxian +0.2, Vallianz -0.4.
Market opened slightly up but gained
strength through the day. It closed at day high, +22. Blue chips were mostly
up. Penny and speculatives were mixed. CCM Group was hit by sharp selling,
falling form 16.3 to 5.6, a lost of 2/3 its value. This affected sentiment
on penny stocks.
Dow and Europe are looking firm for
tonight.
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