Monday, October 21, 2013

Daily Summary 21 Oct 13

Dow and Europe closed positive on Friday. Dow +28 at 15400.  Trend of Dow is up. Dow's future is flat at the moment. Europe opened slightly down.

Asian bourses were mostly positive.  Nikkei +132, ShanghaiC +35, Hangseng +98.  STI closed +4 at 3196.  Volume was 4.5b shares. Gainers were 336 to 148 losers.

Trend of STI is flat.

Top volumes were Innopac +1.4, Sunmoon unchanged, Digiland unchanged, AceAchieve +0.1, Albedo +0.6, Blumont +10.7, Asiasons +11.7, Ipco +0.3, YHM +0.1, MetechInt +0.5.

Market opened up but drifted down and closed +4.  Blue chips were mostly up. Penny and speculatives were also firmer.

The three designated stocks of Blumont, Asiasons and LionGold had their suspension lifted today. All three counters gained about 10% each.

Market sentiment was steady.

Europe and Dow are steady at the moment.

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