Europe and Dow were up last night. Dow
+105 at 16531. Trend of Dow is trying to turn back up. Dow's
future is now +6. Europe opened mixed.
Asian bourses were mostly up. Nikkei
+307, ShanghaiC -3, Hangseng +284. STI closed +30 at 3151. Volume
was 4.4b shares. Gainers were 224 to 268 losers.
STI's trend is flattening and the fall
looks like stopping.
Top volumes were CharismaEner -0.2,
Hankore -0.5, Metech +0.1, Albedo -0.3, KLW -0.1, Transcu -0.1, Federal
-0.1, Vallianz -1.9, GSH -0.2, WEHldg +0.1.
Market opened up and continued to gain
to close at day high. Blue chips were mostly up with banks making
good recovery after last week's selling. However, penny and speculatives
were sold down after news of UOB KayHian imposing curbs on these stocks.
Dow's future and Europe have firmed
up at the moment.
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