Wednesday, October 29, 2014

Daily Summary 29 Oct 14

Europe and Dow were much firmer last night. Dow closed +188 at 17006. Dow's trend is up. Dow's future is flat at the moment.  Europe opened up.

Asian bourses were mostly up.  Nikkei +224, ShanghaiC +35, Hangseng +300.  STI closed +12 at 3224.  Volume was a pathetic 1.3b shares.  Gainers were 275 to 157 losers.

Trend of STI is still flat.

Top volumes were APAC +0.3, IHC unchanged, OLS +0.1, GoldenAgri +0.5, OSIM -21.5, Noble unchanged, InnoPac unchanged, JES -0.1, Mirach -0.1, SinoGrandness -1.

Market opened up and stayed up the whole session but with a small gain of 12 pts. Volume was as usual, a non event.  Blue chips were firmer. Penny and speculatives were also firmer. Market is still like a cemetry.

Europe and Dow are looking steady for tonight.

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