Friday, November 7, 2014

Daily Summary 7 Nov 14

Europe and Dow continued to move up. Dow closed +70 at 17554.  Dow's trend is up.  Dow's future at the moment is +24.  European bourses opened flat.

Asian bourses closed mixed.  Nikkei +88, ShanghaiC -9, Hangseng -99.  STI closed -4 at 3287.  Volume was 1.5b shares.  Gainers were 199 to 248 losers.

Trend of STI is still up.

Top volumes were JES +0.3, Charisma -0.3, Digiland unchanged, STATS ChipPac -10.5, SuntecReit 6.5, IHC unchanged, PSL -0.7, APAC -0.1, SIIC +0.1, Jaya +0.1.

Market opend slightly up and stayed up for most part of the day. It fell in the last hour of trading to close at day low at -4.5. Blue chips were slightly weaker. Penny and speculatives were generally weaker as well.

Dow and Europe are looking steady at the moment.

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