Dow and Europe were up last night. Dow
closed +16 at 16570. Dow's short term trend is reversing up from
the recent falls. Dow's future is now +21. Europe have opened
down.
Asian bourses were mixed and generally
flat. Nikkei +31, ShanghaiC -3, Hangseng +43. STI closed -3
at 3303. Volume was 1.6b shares. Gainers were 251 to 229 losers.
Short term trend of STI is turning up.
Top volumes were Artivision +1.3, JES
+0.8, MirachEnergy -0.1, Memstar -0.1, APAC -0.1, IHC unchanged, Jaya +0.3,
Polaris +0.1, Weiye -0.2, Stratech +0.2.
Market opened slightly up but slipped
down again in the afternoon. It closed at day low. Blue chips were
mixed. Penny and speculatives were firmer. Volume was low.
Dow's future is postive at the moment
but Europe are down.
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