Wednesday, June 18, 2014

Daily Summary 18 Jun 14

Europe and Dow were slightly up last night. Dow +27 at 16808.  Dow's short term trend is turning up slightly. Dow's future is now +8.  Europe opened up.

Asian bourses were mixed.  Nikkei +140, ShanghaiC -11, Hangseng -22.  STI closed +3 at 3277.  Volume was 2b shares.  Gainers were 248 to 164 losers.

Short term trend of STI is down.

Top volumes were Blumont +0.7, MirachEnergy +3, Vallianz unchanged, SIIC +0.7, Transcu +0.1, WCorp +0.1, LottVision +0.1, IPCO +0.1, KLW +0.1, InnoPac +0.2.

Market opened marginally up and stayed slightly positive most part of the day. Volume was slightly higher but trading very quiet. There were more gainers among the blue chips. Penny and speculatives were also firmer.

Europe and Dow are looking firm at the moment.

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