This is a blog on the Singapore Stock Market with reports from the broking houses and some commentaries by me. Readers are advised to take the reports with an open mind and to make their own analysis as the market is dynamic and things change very rapidly. Follow the reports and recommendations at your own risk.
Friday, December 12, 2014
Daily Summary 12 Dec 14
European bourses were mixed last night. Dow closed +63 at 17596. Dow's trend is down. Dow's future is now -62. Europe opened down.
Asian bourses were more on the positive after closing. Nikkei +114, ShanghaiC +14, Hangseng -63. STI closed +4 at 3324. Volume was 1.4b shares. Gainers were 211 to 189 losers.
Trend of STI is turning up.
Top volumes were Keppel DCReit at 96.5, IPO. Mirach +0.6, SIIC +0.4, GoldernAgri -1, OLS unchanged, IHC -0.5, HPHTrust +1, APAC +0.1, Global Logistic +2, Charisma +0.2.
Market opened down briefly but turned positive and stayed positive for the rest of the session. It closed at near day low but still +5. Blue chips were steady. Penny and speculatives were mixed.
Europe and Dow are looking for a weak closing tonight.
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