Thursday, October 24, 2013

Daily Summary 24 Oct 13

Dow and Europe closed slightly down last night. Dow -54 at 15413.  Dow's
future is now +46. Dow's trend is still up.  Europe opened up.

Asian bourses were mixed.  Nikkei +60, ShanghaiC -19, Hangseng -164. STI
closed +15 at 3220. Volume was 2b shares.  Gainers were 235 to 183 losers.

Trend of STI is up.

Top volumes were YHM +0.2, SingHaiyi +0.1, Innopac +0.2, Albedo unchanged,
MDR unchanged, FreightLinks +0.7, Blumont -0.5, LionGold +0.5, Asiasons
-0.5, HanKore unchanged.

Market was slightly up in early morning and traded in a narrow range, There
were some short coverings in the last half hour to push index to close at
day high.  Blue chips were mostly up. Penny and speculatives were slightly
firmer. Volume was a low of 2b shares.

Europe and Dow are looking firm at the moment.

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