Europe and Dow were firmly down last
night. Dow -94 at 15915. Dow's trend is down. Dow's future
is now +40. Europe opened marginally up.
Asian bourses were mixed. Nikkei
-342, ShanghaiC +30, Hangseng -182. STI -30 closing at 3158. Volume
was 2.2b shares. Gainers were 141 to 286 losers.
Trend of STI turned back down.
Top volumes were Albedo +0.3, Vallianz
+0.8, CharismaEner +0.3, KLW unchanged, GSH unchanged, HanKore -0.2, Blumont
-1.7, Ipco -0.2, Transcu -0.1, MDR unchanged.
Market opened weaker with the weakness
in Europe and Dow. It held quite steady but went tumbling in the afternoon
to close near day low at -27.
Blue chips were mostly down. Penny and
speculatives were weaker as well. Today saw another likely computer trading
error when SkyOne was sold down from 12.9c to 1c. It quickly recovered
to close -0.3c.
There were quite a bit of selling and
volume increased to above 2b shares.
Europe and Dow are looking to recoup
some of yesterday's losses.
No comments:
Post a Comment