Wednesday, November 19, 2014

Daily Summary 19 Nov 14

Dow and Europe were slightly up last night. Dow was +40 at 17688.  Dow's trend is inching back up.  Dow's future at the moment is +40.  Europe opened flat.

Asian bourses were mixed.  Nikkei -55, ShanghaiC -5, Hangseng -156.  STI closed +20 at 3333.  Volume was 1.5b shares.  Gainers were 251 to 198 losers.

Trend of STI is turning up again.

Top volumes were Charisma +0.1, Genting +1.5, IHC unchanged, Vallianz +0.3, JES +0.2, SIIC +0.1, Mirach +0.1, CitySpringTrust +3, Memstar unchanged, Sincap unchanged.

Market opened up and stayed positive but within a small range.  Blue chips were mostly positive. Penny and speculatives were mixed.  Trading volume is still very low with little retail participation.

Europe has started to turn a bit negative while Dow's future is slightly up.

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