Europe closed flat last night while
Dow closed -42 at 16633. Dow's trend is still attempting to break
up. Dow's future is now +13. Europe opened slightly down.
Asian bourses were mixed and slightly
on the down side. Nikkei +11, ShanghaiC -10, Hangseng -70. STI
closed +30 at 3302. Volume was 2.2b shares. Gainers were 287
to 178 losers.
Trend of STI is making a golden crossing
and turning up.
Top volumes were WE unchanged, Addvalue
-0.3, Armarda unchanged, SingaPost +13, Federal +0.3, APAC +0.1, Noble
+3.5, Charisma -0.1, Blumont +0.2, Memstar -0.1.
STI opened up and gained strength by
late morning to close near day high. Blue chips were mostly green.
Penny and speculatives were also firmer. SingPost gapped up on opening
and gained 13c after news of Alibaba buying a 10% stake in the company.
Europe and Dow are looking steady at
the moment.
No comments:
Post a Comment