Friday, March 28, 2014

Daily Summary 28 Mar 14

Europe were flat last night.  Dow -5 at 16264.  Dow's trend is sliding down a bit.  Dow's future is now +20.  Europe opened up.

Asian bourses were mixed.  Nikkei +73, ShanghaiC -5, Hangseng +231. STI closed +7 at 3169.  Volume was 3.1b shares.  Gainers were 254 to 214 losers.

Trend of STI is up.

Top volumes were Memstar -11.9,  ICP -0.1, LionGold +0.3, HanKore -0.1, Federal +0.4, Noble +0.5, GoldenAgr -0.5, Equation -0.1, GeoEnergy -0.5, Albedo +0.1.

Market opened flat but climbed higher and stayed positive for the whole day. It closed off its day high. Blue chips were firm probably helped by some window dressing. Penny and speculatives were also firmer. Market is looking good for a run.

Europe and Dow are looking good at the moment.

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