Europe and Dow were up last night. Dow closed +113. Short term trend of Dow has stopped falling. Dow's future is now +67. Europe opened marginally down.
Asian bourses were mixed. Nikkei -39, ShanghaiC +81, Hangseng +187. STI closed +35 at 3333. Volume was 1.5b shares. Gainers were 310 to 153 losers.
Trend of STI breaking the downtrend.
Top volumes were OUE ComReit +0.5, Noble -0.5, EMSEnergy +0.2, Genting +3, Mapletree IndTrust +2, IHC -0.5, Albedo unchanged, Fuyu +0.5, Mapletree GCCTrust -2, SIIC -0.5.
STI opened opened and continued to gain strength through the session. It closed off its high giving up some gains in the last 15 minutes. Blue chips were mostly up. Gainers to losers ratio was 2:1.
European bourses are marginally down at the moment while Dow's future is positive.
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