Wednesday, October 2, 2013

Daily Summary2 Oct 13

Dow was up 62 at 15192 last night. Europe was mixed.  Dow's trend is down.  Dow's future is now -65. Europe opened down.

Asian bourses were mixed,  Nikkei -314, ShanghaiC +15, Hangseng +125.  STI -29 at 3153.  Volume was 3.6b shares.  Gainers were 197 to 292 losers.

Trend of STI is down.

Top volumes were NexGenCom -0.1, YHM -0.2, Hankore -0.4, Ipco -0.2, GSH +0.3, Oakwell +0.6, Rowsley +4, Albedo -0.2, SeeHS -0.5, TopGlobal -0.1.

Market was steady for most part of the day but started to fall in late afternoon when Europe opened down. Blue chips were mostly lower. Penny stocks were steady but lost ground in the afternoon. There were still some big gainers in penny stocks. Rowsley +4, Sysma +4, Mermaid +3.

The crisis is US is starting to bug the big players.

Both Dow's future and Europe are looking weak at the moment.

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