Friday, August 29, 2014

Daily Summary 29 Aug 14

Europe and Dow were down last night.  Dow -42 at 17080.  Dow's trend is still up.  Dow's future is now +38.  Europe opened up.

Asian bourses were mixed and relatively flat.  Nikkei -35, ShanghaiC +21, Hangseng +1.  STI closed -3 at 3328.  Volume was 1.9b shares.  Gainers were 200 to 222 losers.

Short term trend of STI is flattening.

Top volumes were APAC unchanged, SingaporeeDev -0.1, OLS +0.5, STATS +9, ThaiBev +2.5, Sincap +0.3, NextGenSat unchanged, IHC unchanged, MirachEnergy +0.2, Charisma -0.1.


Market opened slightly and traded in a small range throughout the session. It was slightly positive in late afternoon but still closed -3. Volume improved slightly.  Blue chips were mixed.  Penny and speculatives were also mixed.

Europe and Dow are looking firm at the moment.

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