Monday, October 27, 2014

Daily Summary 27 Oct 14

European bourses were down on Friday but Dow gained 128 pts to close 16805. Dow's trend is up.  Dow's future is now +28.  Europe opened up.

Asian bourses were mostly down.  Nikkei +97, ShanghaiC -12, Hangseng -1.  STI closed +4 at 3226.  Volume was 1.3b shares.  Gainers were 193 to 247 losers.

Up trend of STI is flattening a bit.

Top volumes were APAC -0.9, Oceanus +0.1, IHC unchanged, Blumont -0.2, SingTel +2, Artivision +0.8, OLS unchanged, Jaya +0.3, LionGold -0.4, Mirach -0.3.

Market opened up but fell quickly to stay flat most part of the day. It dipped to negative in late afternoon but regained a few points during matching. Blue chips were mixed. Penny and speculatives too were mixed.

Dow and Europe are looking steady at the moment.

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