Tuesday, December 30, 2014

Daily Summary 30 Dec 14

Europe were slightly up but Dow closed -15 at 18038.  Trend of Dow is flattening.  Dow's future is now -29.  Europe opened down.  

Asian bourses were mostly down.  Nikkei -279, ShanghaiC -1, Hangseng -272.  STI closed -4 at 3364.  Volume was 1.1b shares.  Gainers were 207 to 200 losers.

Trend of STI is also flattening.

Top volumes were CompactMetal +0.3, TopGlobal +0.1, Joyas +0.2, IHC unchanged, GoldenAgri +1, SIIC unchanged, Memstar unchanged, LifeBrandz -0.1, APAC +0.2, Digiland unchanged.

Market opened flat and traded in a very narrow band staying just 5 points on both sides of the equation.  Blue chips were seeing more greens. Penny and speculatives were mixed.

Europe and Dow are looking weak at the moment.

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