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.
Monday, December 30, 2013
Daily Summary 30 Dec 13
Europe were up but Dow closed flat on Friday. Dow's trend is up. Dow's future is now +3. Europe has opened mixed.
Asian bourses closed mostly higher. Nikkei +112, ShanghaiC -4, Hangseng +2. STI +2 at 3151. Volume was 3.3b shares. Gainers werer 261 to 194 losers.
Trend of STI is up.
Top gainers were CharismaEner +0.4, Albedo +0.4, WE Hldg +0.4, Vallianz +1.8, Armarda +0.2, Digiland unchanged, Adventus -0.2, NamCheong +2.5, Ipco +0.1, Ntegrator +0.4.
Market opened up and stayed up the whole day though the gain was marginal. Blue chips were mixed but more gainers than losers. Penny and speculatives were firmer with interest increasing.
Dow and Europe are flat at the moment.
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