Wednesday, September 24, 2014

Daily Summary 24 Sep 14

Dow and Europe were all down last night.  Dow closed -117 at 17056.  Dow's short term trend going down.  Dow's future is now -2. Europe opened mixed and relatively flat at the moment.  

More Asian bourses were positive today.  Nikkei -38, ShanghaiC +34, Hangseng +85.  STI closed -5 at 3293.  Volume was 1.5b shares. Pathetic.  Gainers were 175 to 238 losers.

Trend of STI is slipping down.

Top volumes were SIIC -0.3, APAC unchanged, IHC unchanged, PacificCentury +0.5, MetalComponent +0.1, Versalink IPO closed at 34.  GoldenAgri -1.5, OLS -0.1, Genting -2, AdvanceSCT unchanged.

Market opened down but stayed flat for the whole day. It traded lower in the last two hours to close near day low.  Blue chips were weaker.  Penny and speculatives were mixed.

European bourses are looking flat at the moment while Dow's future is now slightly down.

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