Friday, October 24, 2014

Daily Summary 24 Oct 14

Europe and Dow were up last night. Dow closed +217 at 16678.  Trend of Dow is turning up.  Dow's future is now marginally down, -17.  Europe opened slightly down.

Asian bourses were mixed.  Nikkei +153, ShanghaiC flat, Hangseng -31.  STI closed -14 at 3223.  Volume was 1.4b shares.  Gainers were 218 to 210 losers.

Trend of STI is also turning up.

Top volumes were OLS +0.1, IHC unchanged, APAC +0.1, Oceanus unchanged, Charisma +0.2, Mirach -0.1, SingTel -6, JES -0.2, Blumont -0.1, Artivision 0.9.

STI opened flat but fell immediately and stayed negative throughout the whole session despite the better closing in Europe and Dow.  Blue chips were mixed and so were penny and speculatives. It was another directionless and quite session.

Europe and Dow's future at the moment were slightly down.

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