Thursday, September 26, 2013

Daily Summary 26 Sep 13

Dow was -61 last night closing at 15273. Europe were slightly up. Dow's trend is down. Dow's future is now +22. Europe opened down.

Asian bourses were mostly down with the exception of Nikkei +179, ShanghaiC -43, Hangseng -85. STI closed -15 at 3194. Volume was 5.7b shares. Gainers were 192 to 313 losers.

Trend of STI is flat and threatening to break down.

Top volumes were Ipco -0.5, SingHaiyi +0.1, MetechInt +0.2, LifeBrandz -0.1, AdvSCT unchanged, Amplefield +0.2, MDR +0.1, Informatics +0.6, Equation unchanged, Albedo -0.1.

Market was weak on opening and stayed negative the whole day. Blue chips were slightly weaker. Penny and speculatives were mostly down. Though volume was still high but sentiment is down.

Europe opened down but Dow's future is slightly positive at the moment.

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