Monday, July 21, 2014

Daily Summary 21 Jul 14

Europe closed mixed on Friday. Dow was +123 at 17100.  Dow's trend is up. Dow's future is now -37.  Europe opened down.  

Asian bourses were mostly down.  Nikkei -155, ShanghaiC -5, Hangseng -88. STI closed +3 at 3314.  Volume was 1.6b shares.  Gainers were 217 t0 214 losers.

Trend of STI is up.

Top volumes were Jaya +0.4, SIIC +0.3, OLS -0.1, Chinafibretech +0.7, APAC +0.1, Artivision +0.2, ChinaGaoxian +0.2, KLW +0.1, IHC -0.5, ChinaTaisan +0.3.

Market opened marginally up and stayed there for most part of the day. It closed +4.  Volume was below 2b shares.  Blue chips were firmer. Penny and speculatives too were generally firmer.

Europe and Dow are looking slightly weaker at the moment.

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