Europe closed mixed while Dow +63 at
16606. Dow's short term trend is about to turn up. Dow's future
is now +51. Europe opened firmly up.
Asian bourses were mostly up. Nikkei
+140, ShanghaiC +10, Hangseng -3. STI closed +5 at 3283. Volumes
were 1.8b shares. Gainers were 243 to 197 losers.
Trend of STI is also firming up.
Top volumes were NextGen -0.1, HuAnCable
-0.3, SIIC +1.1, Oceanus +0.2, JES +0.1, Charisma unchanged, KLW +0.3,
Vallianz +.04, LifeBranz unchanged, Memstar +0.1.
Market opened slightly up and stayed
positive through the session in a tight band. There were more losers than
gainers among the blue chips. Penny and speculatives were much firmer,
Second liners too were firmer as well.
Europe and Dow are looking very firm
at this moment.
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