Daily Summary 23 May 14

Europe and Dow were marginally up last night.  Dow +10 at 16543. Dow's trend is starting to turn up. Dow's future is now +12.  Europe opened flat.

Asian bourses were mostly positive.  Nikkei +124, ShanghaiC +13, Hangseng +12.  STI closed +12 at 3278.  Volume was 1.7b shares.  Gainers were 250 to 174 losers.

Trend of STI is turning up.

Top volumes were Advance SCT unchanged, JES +0.8, Yoma +8, Charisma +0.2, ICP +0.3, SIIC +0.4, CapitaMallAsia unchanged, HPHTrust +1, STATSChip +1.5, Noble +1.

Market opened flat but inched up through the day to close at day high.  Blue chips were mostly firmer. Penny and speculatives too were firmer.
Today's big gainers were HanKore +15.5 and Yoma +8.

Europe and Dow are looking steady at the moment.