Thursday, March 20, 2014

Daily Summary

Dow and Europe were down last night. Dow -114 at 16222.  Dow's trend is weakenging a bit.  Dow's future is -10 at the moment.  Europe opened down.

Asian bourses were mostly down. Nikkei -238, ShanghaiC -28, Hangseng -387.  STI closed -24 at 3057. Volume was 1.8b shares.  Gainers were 152 and losers were 281.

STI's trend is going down.

Top volumes were HanKore +0.1, Equation -0.3, Digiland +0.1, OceanSky +0.8, Vallianz +0.3, Federal +0.3, LifeBrandz unchanged, CharismaEner -0.1, WEHldg unchanged, GoldenAgr -1.5.

Market opened down and remained down the whole day to close at day low.  Volume fell to below 2b shares again.  Blue chips were mostly down. Penny and speculatives were firmer. Market has been drifting sideways for several days.

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

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