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.
Wednesday, February 4, 2015
Daily Summary 4 Feb 15
Europe and Dow were up firmly last night. Dow was +305 to close at 17666. Dow's down trend is reversing. Dow's future is now -11. Europe opened mixed.
Asian bourses were mostly up. Nikkei +343, ShanghaiC -30, Hangseng +125. STI closed +9 at 3417. Volume was 1.4b shares. Gainers were 238 to 219 losers.
Top volumes were AdvanceSCT unchanged, IHC unchanged, GoldenAgri +0.5, SIIC -0.3, Ezion -3, Noble +2.5, PacificAndes -0.1, Singtel +2, HPHTrust unchanged, APAC +0.1.
Market opened up and stayed up the whole day. It closed at day low at +9. Blue chips were mostly higher. Oil related stocks were firmer. Penny and speculatives were mixed.
Europe and Dow's future were relativel flat at the moment.
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