European bourses and Dow closed down last night. Dow closed -135 at 26462.
The gradual uptrend of down is turning down and threatening a trend
reversal. European bourses opened mixed.
Asian bourses closed mixed and rather flat. Nikkei -49, ShanghaiC -37,
Hangseng +32. STI closed flat at 3350. Volume was 864m shares. Gainers
were 184 to 177 losers.
Trend of STI is sideways.
Top volumes were HPHTrust unchanged, NamCheong +0.2, NicoSteel unchanged,
Genting +0.5, YZJ +1, ChinaEverbright +0.5, AscendasReit -1, RexIntl -0.1,
SingTel -1..
STI opened down but moved up and was at day high by mid morning at 3357.
It then pulled back to close for lunch flat. After lunch it hovered at
this level within a small range and closed flat for the day.
Blue chips saw more gainers than losers. The general market was slightly
firmer.
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