Tuesday, May 20, 2014

Daily Summary 20 May 14

Europe were mixed last night while Dow +21 at 16512. Trend of Dow is still down.  Dow's future is now -3.  Europe opened down.

Asian bourses were mostly up.  Nikkei +69, ShanghaiC +3, Hangseng +130.  STI closed +3 at 3265.  Volume was 1.5b shares.  Gainers were 221 to 225 losers.

Trend of STI is flat.

Top volumes were CCM +0.1, HanKore +0.2, CapitaMallAsia unchanged, Memstar unchanged, Artivision +0.4, Teledata -0.1, QTVascular +2, RHPetrogas+8.5, GoldenAgri -0.5, Noble -1.

Market opened flat and traded on a narrow band of 8 pts. Volume was a low 1.5b shares.  Blue chips were mixed. Penny and speculatives fared better. Today's big gainers are RH PetroGas +8.5 and transport stocks, SMRT +14.5, SBS Transit 7.5 and ConfortDelgro +7.

Europe and Dow are looking weak at the moment.

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