Monday, November 25, 2013

Daily Summary 25 Nov 13

Dow and Europe were up on Friday. Dow +55 at 16065.  Dow's trend is up. Dow's future is now +10. Europe opened up.

Asian bourses were mixed.  Nikkei +237, ShanghaiC -10, Hangseng -12.  STI closed +8 at 3181.  Volume was 1.4b shares.  Gainers were 177 to 248 losers.

Trend of STI is down.

Top volumes were KLW unchanged, Transcu -0.1, MDR unchanged, Albedo +0.3, Aussino -0.6, Innopac unchanged, Valianz +0.1, NexGenCom -0.1, SingHaiyi unchanged, Noble +1.5.

Market opened up and stayed up the whole day. Blue chips were slightly firmer while penny and speculatives were weaker. Volume is another low of 1.4b shares, as good as only the computers were trading. Wondering how many real trading would be left if the computer traders were to switch off their machines.

What is happening only the SGX would know.

Europe are Dow are looking firm for tonight.

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