Europe were down but Dow had a strong rebound in
the afternoon session. Dow closed +275 at 16994. Dow's short term trend
is kicking back up. Dow's future is now +35. Europe opened up.
Asian bourses were mostly up but Nikkei -117. ShanghaiC +7, Hangseng
+271. STI closed +33 at 3259. Volume was 1.4b shares. Gainers were
234 to 200 losers.
Short term trend of STI is also starting to turn up.
Top volumes were Mirach +0.6, APAC unchanged, IHC +0.5, Noble +1,
EcoWise +0.5, BengKuang unchanged, OLS +0.1, Genting +2.5, ThaiBev
unchanged, SingTel +6.
STI gapped up on opening following Dow's rebound. It continued to gain
strength to close near day high. Blue chips rebounded. Penny and
speculatives were slightly firmer.
Dow's future and Europe are firm at the moment.
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