Wednesday, September 10, 2014

Daily Summary 10 Sep 14


Europe and Dow were all down last night.  Dow -98 at 17014. Dow's trend is turning down and not looking promising. Dow's future is now -24.  Europe opened down.

Asian bourses were mostly down. Nikkei +40, ShanghaiC -8, Hangseng -485.  STI closed -4 at 3339.  Volume was 1.3b shares.  Gainers were 182 to 281 losers.

Trend of STI is starting to slip down though fairly flat.

Top volumes were ThaiBev +3, APAC +0.1, STATSChipPAC +2.5, Digiland -0.1, IHC unchanged, SingaporeeDev +0.1, OLS +0.1, Mirach -0.2, Artivision -0.1, Jaya -0.2.

STI opened down, managed to climb back to positive in mid afternoon but closed back negative of -4 pts. Blue chips were slightly weaker. Penny and speculatives were also weaker all round.

Europe at the moment is down. Dow's future is also negative.

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