Friday, December 6, 2013

Daily summary 6 Dec 13

Dow and Europe were down again last night. Dow -68 at 15822.  Dow's trend is down. Dow's future is now +42.  Europe opened up at the moment.

Asian bourses were mixed.  Nikkei +122, ShanghaiC -10, Hangseng +31.  STI closed -7 at 3117.  Volume was 1.8b shares.  Gainers were 184 to 223 losers.

Trend of STI is down.

Top volumes were Vallianz +1.4, Transcu -0.1, Albedo -0.1, Innopac -0.2, SingHaiyi unchanged, Blumont -0.8, GoldenAgr -0.5, AdvSCT -0.1, CharismaEner unchanged, SingTel -4.

Market opened down but managed to climb back and reduced its losses, closing -7 at day high.  Blue chips opened down but closed firmer. Penny and speculatives were mixed.

Europe and Dow looking firmer at the moment, may pull back some of the losses from last night.

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