European bourses were down but Dow closed +125 at 16070. Trend of Dow is poised for a golden crossing. Dow's future is now +122. European bourses opened up.
Asian bourses rallied today. Nikkei +477, ShanghaiC +82, Hangseng +487. STI closed +55 at 2617. Volume was 1.4b shares. Gainers were 321 to 115 losers.
STI had a golden crossing and looks like a trend reversal.
Top volumes were Noble +4, Ezra +0.3, GlobalLogistic +2, RexIntl +0.2, Sincap +0.1, SingTel +3, Ezion +2.5, ChinaSports +0.1, Genting +1,.
STI opened flat but climbed up through the day to close near day high. Blue chips recovered somewhat with banks leading the gainers. The general market was firmer with gainer loser ratio at 3 to 1. Volume improved slightly moving above the 1b mark.
Europe and Dow's future are up at this moment.
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