Wednesday, May 28, 2014

Daily Summary 28 May 14

Europe and Dow were up last night.  Dow +69 closing at 16676.  Dow's short term trend is looking slightly up.  Dow's future is now +21.  Europe opened flat.

Asian bourses were mostly up.  Nikkei +34, ShanghaiC +16,  Hangseng +136.  STI closed -2 at 3272.  Volume was 2.1b shares.  Gainers were 285 to 170 losers.

Top volumes were Addvalue +3.6, JES +0.6, Mirach +0.7, Armarda unchanged, Charisma unchanged, Noble +2.5, Memstar +0.2, Albedo +0.1, APAC +0.3, ThaiBev +1.

Market opened flat and traded flat throughout the day. It closed flat but lost 2 pts during matching to end at day low. Blue chips were mixed. Penny and speculatives did better with more gainers.

Europe and Dow are looking positive at this moment.

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