Tuesday, September 17, 2013

Daily Report 17 Sep 13

Dow and Europe were up last night. Dow closed +119 at 15495. Dow's trend is up. Dow's future is now +8. Europe opened marginally down.

Asian bourses were mostly down. Nikkei -93, ShanghaiC -46, Hangseng -72. STI closed flat, +1 at 3181. Volume was 3.7b shares. Gainers were 200 to 317 losers.

Trend of STI is up.

Top volumes were Hankore +0.6, Albedo -0.2, GSH +0.2, Innopac -0.3, Rowsley -3.5, AdvSCT unchanged, Sunmoon -0.1, SingHaiyi unchanged, OttoMarine +0.2, YHM -0.1.

Market opened slightly up and traded cautiously with a bit of profit taking. It ended near day low but still managed to stay +1. Blue chips were mixed. Penny and speculatives were also weaker. The jackpot stock today is Asiasons, +72c or more than 50% gain in a day.

Dow and Europe are looking steady at the moment.

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