Dow and Europe were slightly down last
night. Dow - 20 at 17049. Dow's short term trend is still looking
down. Dow's future is now -10. Europe opened slightly down.
Asian bourses were mixed. Nikkei +39,
ShanghaiC +20, Hangseng -67. STI closed -2 at 3346. Volume
was 1.3b shares. Gainers were 210 to 241 losers.
Short term trend of STI is flat with
slightly upward biased.
Top volumes were APAC unchanged, Mirach
+0.5, SingaporeeDev unchanged, RexIntl +0.5, Genting -2, IHC unchanged,
GoldenAgri unchanged, Equation unchanged, Blumont unchanged, Weiye +0.2.
STI opened down but stayed up marginally
for most part of the day. There were some selling pressure in the last
half hour of trading to close near day low at -2. Volume was again a low
of 1.3b shares. Blue chips closed a bit firmer while penny and speculatives
were slightly weaker.
Europe and Dow were looking slightly
weak at the moment.
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