Wednesday, October 1, 2014

Daily Summary 1 Oct 14

Europe closed mixed last night while Dow was -26 at 17043. Dow's falling trend appears to be levelling at this stage.  Dow's future is now -3.  Europe opened relatively flat.

Asian bourses were mixed. Nikkei -91. Shanghai and Hongkong were closed. STI closed -10 at 3265.  Volume hit another record low of 1.1b shares. Gainers were 193 to 211 losers.

Trend of STI is still slipping down.

Top volumes were Mirach +0.1, APAC +0.1, IC unchanged, Charisma -0.1, ThaiBev -1, Noble -1, ChinaFibretech +0.5, Genting -2.5, Yuuzoo +4, GoldenAgri +1.

Another listless trading session. Market opened slightly down and stayed that way through the whole session. Volume hit another new low for lack of interest in the market.  Blue chips were mostly down. Penny and speculatives were mixed.

Europe and Dow are looking flat at this moment.

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