Thursday, March 13, 2014

Daily Summary 13 Mar 14

Dow and Europe were all down last night.  Dow -11 at 16340.  Dow's trend is turning down.  Dow's future is now +11.  Europe opened flat.  

Asian bourses were mixed.  Nikkei -14, ShanghaiC+21, Hangseng -146.  STI  -16 at 3081.  Volume was 2.2b shares. Gainers were 218 to 211 losers.

STI is starting on its downtrend.

Top volumes were Albedo unchanged, CharismaEner +0.4, HanKore -0.3, OceanSky +1.2, AdvSct unchanged, KLW +0.1, Vallianz +0.3, GoldenAgr -1.5, THBev +1.5, Memstar +0.1.

STI opened flat but slipped down to close -16. Blue chips were mixed. Penny and speculatives were also sideways. Olam was halted pending announcement after the recent run.

Europe and Dow are looking steady for tonight.

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