Europe and Dow were sharply down on
Friday. Dow closed -279 at 17826. Trend of Dow is coming down. Dow's
future at this moment is +91. Europe opened with a strong rebound.
Asian bourses were mostly down. Nikkei
-18, ShanghaiC -89 and Hangseng -558. STI closed -21 at 3503. Volume
was 2.7b shares. Gainers were 158 to 354 losers.
Trend of STI is turning down.
Top volumes were SinoConstruction -2.2,
PacificAndes unchanged, SIIC -0.5, Stratech +0.5, IHC +0.5, LionGold -0.4,
Albedo -0.3, Vallianz -0.6, HealthwayMed +0.2, Blumont -0.2.
Market opened flat but slipped down
quickly to negative. It continued to fall throughout the session and closing
near day low. Blue chips were mostly down. The general market
was down as well.
Europe and Dow's future are up at the
moment and a rebound is on the card.
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