Thursday, April 10, 2014

Daily Summary 10 Apr 14

Dow and Europe had a good recovery last night.  Dow +181 closing at 16437.  Dow's trend is starting to turn back up.  Dow's future is now +10.  Europe opened up.  

Asian bourses were mostly positive.  Nikkei +0.5, ShanghaiC +29, Hangseng +344.  STI -6 at 3204.  Volume was 2.2b shares.  Gainers were 231 to 262 losers.

Trend of STI is flat but steady.

Top volumes were Albedo -0.4, Artivision +1.6, Ausgroup -2.5, HanKore -0.2, Equation +0.3, Memstar unchanged, HPH Trust +2, GoldenAgr -1.5, Noble +0.5, CapMallAsia +4.5.

Market opened down but recovered some grounds in the afternoon to close off its low.  Blue chips were mixed but steady. Penny and speculatives were slightly weaker.

Dow and Europe are looking steady at the moment.

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