Europe and Dow were up last night. Dow closed +6 at 17408. Trend of Dow is sideways but with an upward bias. Dow' future at the moment is +10. European bourses opened up.
Asian bourses were mixed and closed relatively flat. Nikkei -78, ShanghaiC +11, Hangseng -28. STI +21 at 3113. Volume was 1.4b shares. Gainers were 211 to 255 losers.
Top volumes were Stratech -0.6, Mercator +0.3, IHC unchanged, Noble -1, Ezra -0.1, ChineseGlobal unchanged, KLW unchanged, SingTel +8, Genting +1, ChinaSports +0.2.
Trend of STI is levelling and the fall is starting to stabilise.
STI opened flat but shot up in early trading to stay up for the rest of the session. It closed near day high. Blue chips saw more gainers than losers. Overall market was mixed.
Europe and Dow's future are positive at the moment.
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