Europe and Dow had another positive session last night. Dow closed +122 at 16912. Trend of Dow is up. Europe opened flat.
Asian bourses were mixed. Nikkei -182, ShanghaiC +91 and Hangseng -161. STI closed -17 at 2943. Volume was 1.5b shares. Gainers were 170 to 273 losers.
Trend of STI is up but puling back.
Top volumes were Stratech +0.5, Ezra -0.3, GoldenAgri -3, MDR +0.1, IHC -0.6, Noble unchanged, Vallianz -0.2, Healthway =0.1, Yuuzoo +0.2, NOL +4.5.
STI opened up but fell after half an hour and stayed at that level for the rest of the session, closing -19. Blue chips too turned negative after a positive opening. The general market is slightly weaker due to profit taking.
Europe is still flat but Dow's future is slipping down further to -104 at this moment.
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