Tuesday, December 30, 2014

Daily Summary 31 Dec 14. Happy New Year

Dow and Europe were down last night. Dow -55 at 17983.  Trend of Dow is starting to turn down.  Dow's future now is +14.  Europe still closed.

Asian bourses closed firmer for the year.  Nikkei closed today.  ShanghaiC +22, Hangseng +104.  STI closed +5 at 3371.  Volume was 600m shares.  Gainers were 197 to 134 losers.

Trend of STI is still up but flattening.

Top volumes were IHC -0.5, GoldenAgri unchanged, Memstar +0.1, STATSChipac +2,  LifeBrandz unchanged, BengKuang unchanged, PacificAndes +0.3, Yuuzoo +1.5, Noble +1, CosmoSteel unchanged.

Market opened flat but climbed to stay slightly positive for the rest of the session. Blue chips were mostly up. Penny stocks were mixed.

Dow's future at the moment is slightly positive while Europe is still closed.

Cheers and Happy New Year.

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