Friday, March 21, 2014

Daily Summary 21 Mar 14

Europe were mixed last night but Dow +109 closing at 16331.  Dow's trend is trying to find a direction. Dow's future is now +40.  Europe opened up.

Asian bourses were mixed.  Nikkei -238, ShanghaiC +54 and Hangseng +255.  STI closed +12 at 3070.  Volume was 1.6b shares.  Gainers were 271 against 172 losers.

Trend of STI is still down but steady.

Top volumes were HanKore +0.4, AdvSCT unchanged, Digiland -0.1, Globa +0.8, CharismaEner +0.1, WEHldg unchanged, GoldenAgr -1, CCM unchanged, LionGold +1.1, Vibrant +0.2.  

Market opened up, ran to a high of 3090 but closed at 3070.  There were more gainers across the board after the last few days of weaknesses. Volume was still very low.

Europe and Dow are looking firm for tonight.

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