European bourses were all down last
night. Dow was sharply lower, -293 at 17719. Trend of Dow is going down.
Dow's future is now -100. European bourses opened sharply down.
Asian bourses were mostly down. Nikkei
-275, ShanghaiC +22, Hangseng -31. STI closed +14 at 3433. Volume
was 1.7b shares. Gainers were 274 to 178 losers.
Trend of STI is up.
Top volumes wereVallianz +1, Mirach
+1.8, Charisma +0.9, Blumont +0.3, IHC unchanged, Swiber +1.9, OttoMarine
+0.4, Noble +2, SIIC -0.1, MoyaAsia unchanged.
STI opened down but recovered through
the session. By mid morning it was positive and stayed positive for the
rest of the day. Blue chips were mostly up but SIA was sold down, -22.
Penny and speculatives were also slightly firmer.
Europe and Dow are looking weak at the
moment.
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