This is a blog on the Singapore Stock Market with reports from the broking houses and some commentaries by me. Readers are advised to take the reports with an open mind and to make their own analysis as the market is dynamic and things change very rapidly. Follow the reports and recommendations at your own risk.
Tuesday, November 19, 2013
Daily Summary 19 Nov 13
Europe and Dow were up slightly last night, Dow +14 at 15976. Dow's trend is up. Dow's future is flat at the moment. Europe opened down.
Asian bourses were mixed. Nikkei -38, ShanghaiC -4, Hangseng -2. STI closed -11 at 3192. Volume was 1.9b shares. Gainers were 176 and losers 288.
STI's trend is trying to turn up.
Top volumes were SingHaiyi -0.1, KLW -0.2, AdvSCT +0.1, Innopac -0.1, Blumont -0.1, Sunmoon unchanged, Vallianz -0.1, Albedo -0.2, Digiland unchanged, Transcu unchanged,
Market opened up but drifted to close down. Another quiet and almost dead market other than the computers trading among themselves. Blue chips were mixed. Penny stocks were mostly in the red.
Europe and Dow are looking slightly weak at the moment but likely to be sideways.
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