Thursday, November 27, 2014

Daily Summary 27 Nov 14

Europe bourses were mixed last night. Dow closed +13.  Trend of Dow is up. Dow's future is now +12.  Europe opened slightly up.

Asian bourses closed generally weaker.  Nikkei -135, ShanghaiCC + 26, Hangseng -108.  STI closed -6 at 3344.  Volume was 1.3b shares.  Gainers were 196 to 243 losers.

Trend of STI is up but flattening.

Top volumes were IHC -0.5, ThaiBev -3, SIIC -0.6, WE unchanged, Charisma unchanged, Yuuzoo -8.5, AdvanceSCT +0.1, APAC unchanged, GoldenAgri unchanged, HPHTrust unchanged.

Market opened down but recovered slightly to stay positive in early morning trading. It then stayed flat, hovering a bit up and down and finally closed at day low.

Blue chips were mostly weaker with a bit of profit taking. Penny and speculatives were also seeing a bit more reds.

Dow and Europe are looking steady at the moment.

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