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.
Thursday, April 2, 2015
Daily Summary 2 Apr 15
European bourses were up last night but Dow fell -78 closing at 17698. Dow's trend is weakening. Dow's future is now -45. European bourses opened mixed.
Asian bourses were mostly up. Nikkei +278, ShanghaiC +16, Hangsenf +193. STI closed +4 at 3451. Volume was 1.5b. Gainers were 231 and losers were 203.
Trend of STI still up.
Top volumes were Ellipsiz +1, IHC unchanged, Blackgold -1, IPC +2.8, WE unchanged, TigerAir +1, Sincap +0.1, CharismaEnergy +0.3, MagnusEnergy unchanged, SIIC -0.2.
Market opened down but crept up to stay barely positive for the whole session, closing at day high of +4. Blue chips were mostly higher. Penny and speculatives were mixed.
Europe is flat and mixed at the moment. Dow's future is slightly down.
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