Tuesday, March 18, 2014

Daily Summary 18 Mar 14

Dow and Europe were up last night. Dow +182 at 16247. Dow's downtrend is levelling. Dow's future is now -32.  Europe opened down.  

Asian bourses were mostly up.  Nikkei +134, ShanghaiC +2, Hangseng +110.  STI closed -4 at 3088.  Volume was 2.1b shares.  Gainers were 192 to 248 losers.  

STI's short term trend is starting to turn up.

Top volumes were Digiland unchanged, Albedo -0.3, HanKore +0.3, KLW +0.1, Equation +0.1, THBev +1.5, Transcu -0.1, Federal -0.5, Memstar +0.4, CharismaEner -0.2.

Market opened up 7 pts but slipped to negative before closing +2 during matching.  Blue chips were generally firmer. Penny and speculatives were mixed. Market is trading is a tight range.

Europe and Dow are looking a bit weak at the moment.

No comments:

Post a Comment