Friday, June 6, 2014

Daily Summary 6 Jun 14

Europe were slightly up last night.  Dow closed +99 at 16836.  Dow's trend is up. Dow's future is now +33.  Europe opened marginally up.

Asian bourses were marginally down.  Nikkei -2, ShanghaiC -11,  Hangseng -159.  STI close+17 at 3297.  Volume was 2b shares.  Gainers were 255 to 181 losers.

Trend of STI is still down despite the gains today.

Top volumes were Amplefield +0.1, APAC +0.2, Charisma +0.2, ChinaEnv +0.5, Blumont +0.2, STATSChip +4.5, OttoMarine +0.3, QTVascular +4, BengKuang +0.6, WCorp +0.2.

Market opened flat but gained throughout the day and closed near day high. Blue chips were mostly up., Penny and speculatives were also firmer. It was a good closing for the weekend though market was very quiet.

Europe and Dow are looking positive at the moment.

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