Monday, February 23, 2015

Daily Summary 23 Feb 15

Welcome back from the long weekend. Dow was +155 on Friday while European bourses were flat or slightly up.  Dow's trend is breaking up.  Dow's future is now -25.  Europe opened up.

Asian bourses were mostly up.  Nikkei +135, ShanghaiC +25, Hangseng +5.  STI closed -11 at 3424. Volume  was 1.2b shares.  Gainers were 220 to 236 losers.

Trend of STI is flat.

Top volumes were GoldenAgri -1, IHC -0.5, Xpress +0.3, PacificAndes +0.2, Noble +1.5, SingTel -11, ThaiBev -0.5, Genting +0.5, Digiland unchanged, Blumont +0.1.

Market opened up but slipped down through the day to close at day low. Blue chips were mixed.  Penny and speculatives were also mixed.
Market volume remained low.

Europe is looking good at the moment but Dow's future slightly down.

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