Thursday, February 12, 2015

Daily Summary 12 Feb 15

Dow and  Europe were all slightly down last night. Dow -7 at 17862.  Dow's trend is still up.  Dow's future is now +29.  European bourses opened mixed.

Asian bourses were mostly up. Nikkei +327, ShanghaiC +16, Hangseng +107.  STI bucked the trend ending -28 at 3417.  Volume was 1.2b shares.  Gainers were 164 to 323 losers.

Trend of STI is starting to dip.

Top volumes were AdvanceSCT +0.1, IHC -0.5, HPHTrust -1.5, ChinaEnv -2.9, SIIC -0.3, YangZJ -2.5, AscendasReit -6, UnitedEngineers +22, PacificAndes unchanged, SingTel +4.

Market opened flat but fell quickly to stay down for the whole session. It hovered around -25 to -28 level.  Blue chips were mostly down.  Penny and speculatives were also mostly in the red.

Europe and Dow's future are strengthening at this moment.

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