Europe closed mixed last night. Dow
opened down but recovered to lose only 25 pts at 16117. Trend of
Dow is down. Dow's future is now +170. Europe opened up strongly.
Asian bourses were mixed. Nikkei -206,
ShanghaiC -15, Hangseng +122. STI closed +15 at 3169. Volume
was 1.4b shares. Gainers were 289 to 160 losers.
Trend of STI is down.
Top volumes were IHC unchanged, APAC
unchanged, GoldenAgri +1, Mirach unchanged, Genting +0.5, Noble +2.5, RHPetrogas
+8.5, Blumont +0.3, Ezion +5, Vallianz +0.4.
Market opened down but crept up slightly
to stay flat or slightly positive. Buying came back in the last hour when
Europe opened strongly up. Blue chips were mostly green. Penny and speculatives
were also firmer.
Dow and Europe are looking very firm
at the moment.
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