Dow and Europe were strongly up last
night. Dow +421 to close at 17778, erasing one week's losses. Dow's
trend is turning up. Dow's future is now +63. Europe opened
up.
Asian bourses were all up. Nikkei
+411, ShanghaiC +52, Hangseng +284. STI closed +40 at 3284. Volume
was 1.4b shares. Gainers were 270 to 202 losers.
Trend of STI has turned up.
Top volumes were GoldenAgri -0.5, OLS
-0.1, SIIC -0.3, IC +0.5, Blumont +0.2, Noble +3, SingTel -5, APAC unchanged,
Elektromotive +0.1, IHH +4.5.
Market opened up and climbed higher
to close at day high. Blue chips were mostly up. Penny and speculatives
were also firmer but volume still remained a low of 1.4b shares.
Europe and Dow are looking firm for
tonight.
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