Thursday, September 25, 2014

Daily Summary 25 Sep 14

Another positive session for Europe and Dow last night.  Dow was up 154 closing at 17210.  Short term trend of Dow is recovering. Dow's future is now flat. Europe has opened up.

Asian bourses closed mixed.  Nikkei +207,  ShanghaiC +2, Hangseng -153.  STI closed -2 at 3291.  Volume was 1.5b shares.  Gainers were 191 to 221 losers.

Top volumes were CedarStrategic unchanged, IC unchanged, Digiland unchanged, APAC +0.1, AdvanceSCT unchanged, Artivision unchanged, Sapphire +1.8, GentingHK +1, PacificCentury -0.5, Blumont -0.1.

Market opened slightly up but went negative and then stayed relatively flat for the afternoon.  Blue chips were weaker. Penny and speculatives were mixed.

Europe and Dow are looking steady at the moment.

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