Europe closed mixed on Friday while Dow ended +56. Short term trend of Dow is down. Dow's future is now +33. Europe opened sharply down with concerns on the Greece default.
Asian bourses took a big tumble for the same reason. Nikkei -596, ShanghaiC -138, Hangseng -697. STI closed -38 at 3283. Volume was 1.6b shares. Gainers wer 113 to 393 losers.
Trend of STI pointed down after sharp falls today.
Top volumes were Armarda unchanged, IHC unchanged, Digiland -0.1, Debao -0.5, Noble -4, SingTel unchanged, Healthway -0.2, Ezra -0.5, GlobalLogistic -7, Federal -1.
STI gapped down on opening with the uncertainties in Greece. It stayed down for the whole session but closed off its low of 3267. Blue chips took a big knock with losses in many counters. General market see losers at a ratio of 4:1 gainers.
Europe openedl sharply down though Dow's future is up at the moment.
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