Monday, November 4, 2013

Daily Summary 4 Nov 13

Dow closed +70 on Friday at 15616. Europe were slightly weaker.  Dow's trend is up. Dow's future is positive, +0.17%. Europe opened up.  

Asian bourses were mostly weaker.  Nikkei -126, ShanghaiC unchanged, Hangseng -60. STI closed +3 at 3204.  Volume was 2.5b shares.  Gainers were 184 to 257 losers.

Trend of STI is looking down.

Top volumes were SkyOne +3.3, Blumont +1.7, Innopac unchanged, Sunmoon +0.1, ChinaBearing +0.3, Asiasons +0.5, YHM -0.2, LionGold +0.5, Albedo -0.2, SingHaiyi -0.1.

STI opened up but weakened through the day to close only +3. Volume was low with relatively quite trading in the absence of retail investors.
Blue chips were firmer. Penny and speculatives were mixed. The 3 ex designated counters were firmer, including SkyOne.

Europe and Dow are positive at the moment.

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