Europe and Dow were down last night.
Dow -48 at 17052. Trend of Dow is up but looking toppish. Dow's
future is now +25. Europe opened up.
Asian bourses were mostly up. Nikkei
+128, ShanghaiC +21, Hangseng +395. STI closed +3 at 3317. Volume
was 2.3b shares. Gainers were 238 to 189 losers.
Trend of STI is looking up.
Top volumes were Jaya -0.1, Spackman
IPO closed at 46.5. Weiye +1, MDR +0.1, SIIC +1.1, IHC +1, TopGobal +0.1,
Memstar unchanged, ChinaFibreTech unchanged, Vallianz +0.5.
Market opened down and stayed flat for
most part of hte day. It gained a few points in the afternoon session but
closed +3. Blue chips were mixed. Penny and speculatives were firmer
with some increase in trading volumes.
Dow and Europe are looking firmer at
this moment.
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