European bourses were slightly down last night. Dow managed a small gain of
17 pts to close at 23440. Trend Dow is at an early stage of a trend
reversal. European bourses opened mixed.
Asian bourses closed mixed and rather flat. Nikkei -1, ShanghaiC -18,
Hangseng -30. STI closed -21 at 3398. Volume was 2.6b shares. Gainers
were 142 to 291 losers.
Trend STI is starting to flatten and weakening.
Top volumes were Magnus unchanged, Jiutian -0.6, Cosco +4, Sincap +0.2,
GlobalLogistic -1, AlliedTech unchanged, QTVascular -0.1, Rowsley -0.2,
ISRCapital -0.1, SweeHong +0.2.
STI opened flat but fell immediately to stay negative for the rest of the
session. It then hovered around -15 to -20 for most part of the day. Blue
chips were mostly red. The general market was down.
European bourses are still mixed at this moment while Dow's future is
slightly up.
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