European bourses fell sharply last night. Dow also suffered early losses but managed to recover to close flat. Dow's trend is sideways at this point in time. Dow's future is now +32. European boureses opened firmly up.
Asian bourses recovered from yesterday's losses. Nikkei +203, ShanghaiC +68, Hangseng +103. STI closed +40 at 3102. Gainers were 269 to 207 losers. Volume was 1.6b shares.
Trend of STI is down.
Top volumes were Stratech -0.5, Noble -0.5, Mercator +1.6, IHC unchanged, Genting -2, Yuuzoo +1.3, Adventus unchanged, Ezra +0.1, SingTel +14, Equation +0.2.
STI opened slightly up but gained strength through the days to close at day high in line with regional markets. There were more gainers than losers among the blue chips. The general market was also firmer.
European bourses and Dow's future are up at the moment.
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