Monday, December 2, 2013

Daily summary 2 Dec 13

Europe and Dow were marginally weaker on Friday. Dow closed -11 at 16086.  Dow's trend is starting to dip. Dow's future is now +1. Europe opened slightly down

Asian bourses were mixed.  Nikkei -7, ShanghaiC -13, Hangseng +157.  .Volume was 1.6b shares.  Gainers were 172 to 237 losers.

STI's trend is starting to turn up.

Top volumes were MDR -0.1, Albedo -0.3, Vallianz +0.5, Innopac unchanged, NexGenCom unchanged, Ipco -0.1, MirachEner +0.7, OttoMarine +0.3, KLW unchanged, HPHTrust unchanged.

Market opened up and traded sideways for the most part of the morning. It started to move up slightly in late afternoon to close positive.  It was another uneventful day. Blue chips were slightly firmer. Penny and speculatives were mixed.

Europe and Dow are looking mixed at the moment.

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