Tuesday, December 23, 2014

Daily Summary 23 Dec 14

Europe and Dow continued to make gains last night.  Dow closed +155 at 17959.  Trend of Dow is up.  Dow's future is now +18.  European bourses opened up.

Asian bourses closed mixed.  Nikkei +14, ShanghaiC -92, Hangseng -75.  STI closed +3 at 3334.  Volume was 1.1b shares.  Gainers were 181 to 234 losers.

Trend of STI is still up.

Top volumes were Memstar -0.6, IHC +0.5, JES +0.2, Jaya +0.1, GoldenAgri -0.5, APAC unchanged, Noble +1.5, Magnus +0.1, SIIC unchanged, Vallianz -0.3.

Market gapped up on opening but weakened through the session. It still managed to hold on to a small gain of 3 pts. Blue chips were mixed. Penny stocks and speculative counters were weaker.

Europe and Dow are still looking steady at the moment.

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