Friday, March 7, 2014

Daily Report 7 Mar 14

Dow and Europe were slightly up last night.  Dow +62 at 16422.  Dow's trend is up.  Dow's future is now +11.  Europe opened down.

Asian bourses were mixed.  Nikkei +139, ShanghaiC -2, Hangseng -42.  STI closed +5 at 3135.  Volume was 2.6b shares.  Gainers were 242 to 231 losers.

Trend of STI is up.

Top volumes were SingHaiyi +0.1, HanKore unchanged, Memstar +0.3, GoldenAgr unchanged, Transcu unchanged, Sunmoon unchanged, GLP +4, Noble +2, SIIC +0.3, THBev +1.  

Market opened flat but inched up to close +7.  Blue chips were mostly firmer. Penny and speculatives were active and also firmer. Market was surprisingly firm for the weekend despite the uncertainty in Ukraine.

Europe opened weak while Dow's future is looking positive.

No comments:

Post a Comment