Friday, September 27, 2013

Daily Summary 27 Sep 13

Dow was +55 last night closing at 15328. Europe were mixed. Dow's trend is still down. Dow's future is now -21. Europe opened down.

Asian bourses were mostly up except Nikkei -39. ShanghaiC +4, Hangseng +82. STI closed +16 at 3208. Volume was 4.7b shares. Gainers were 242 to 257 losers.

Trend of STI is flat.

Top volumes were SingHaiyi +0.1, Albedo -0.5, Ipco -0.2, Digiland unchanged, MetechInt -0.3, Hankore -0.2, Sunmoon unchanged, MDR unchanged, Rowsley -2.5, EMS +0.2.

Market was firm for the whole day but closed at day low at +16. It was a small technical rebound after a week of selling. The down trend is halted for the time being.

Blue chips were firm. Penny and speculatives were weaker with profit taking.

Dow and Europe are showing a little weakness for the weekend.

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