This is a blog on the Singapore Stock Market with reports from the broking houses and some commentaries by me. Readers are advised to take the reports with an open mind and to make their own analysis as the market is dynamic and things change very rapidly. Follow the reports and recommendations at your own risk.
Friday, February 27, 2015
Daily Summary 27 Feb 15
Europe were up last night but Dow closed -10 at 18214. Trend of Dow is up but toppish. Dow's future at the moment is -5. Europe opened marginally up.
Asian bourses were mixed and generally flat. Nkkei +12, ShanghaiC +12, Hangseng -79. STI closed -13 at 3413. Volume was 1.5b shares. Gainers were 184 to 272 losers.
Trend of STI is starting to move down.
Top volumes were Xpress +0.2, MDR unchanged, Noble -8, Digiland unchanged, Lorenzo +0.3, GoldenAgri -0.5, JES -0.4, IHC +0.5, ThaiBev -1, ICP -0.1.
Market opened a bit down but stayed flat for most part of the session. It slipped back down in the last hour to close at day low. Blue chips were mostly red. Penny and speculatives were mostly down.
Europe and Dow are flat at the moment.
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