Friday, September 20, 2013

Daily Summary 20 Sep 13

Europe were up but Dow -40 at 15637. Dow's trend is up. Dow's future is now +1. Europe opened marginally down.

Asian bourses were mixed. Nikkei -24. Shanghai and Hongkong closed for holiday. STI closed -15 at 3237. Volume was 5.5b shares. Gainers were 174 to 340 losers.

Trend of STI is up.

Top volumes were Albedo -0.9, Digiland unchanged, HM +0.4, Hankore +0.3, Innopac -1.1, Sunmoon +0.1, Rowsley0.5, ChinaGaoxian -0.3, EMS Ener unchanged, WEHldg +0.1.

Mkt opened flat but drifted down through the day. It closed near day low, down 14 pts. Though there were some selling for the weekend, market was steady.

Blue chips were slightly softer. Penny and speculatives were mixed. The play is still there but many cleared out for the weekend. Adv Hldg +6c.

Europe and Dow are looking steady for tonight.

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