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.
Tuesday, March 17, 2015
Daily Summary 17 Mar 15
Europe and Dow were firmly up last night. Dow closed +228. Dow's trend is turning up. Dow's future is now +5. Europe opened mixed.
Asian bourses were mostly up. Nikkei +191, ShanghaiC +54, Hangseng -48. STI closed -6 at 3370. Volume was 1.5b shares. Gainers were 180 to 311 losers.
Trend of STI is flat at the moment.
Top volumes were Ellipsiz +0.5, Noble -3, MoyaAsia +0.2, IHC unchanged, GoldenAgri -0.5, SinoConstruction +1.1, ThaiBev +1, Metech unchanged, HPHTrust +1, DarcoWater -0.1.
STI was up on opening but weaken slightly and stayed positive till after lunch. It then slipped to negative by mid afternoon to close near day low at 3370. Blue chips were mostly down and so was the general market.
Europe is starting to slip to negative while Dow's future is marginally up.
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