Monday, October 28, 2013

Daily Summary 28 Oct 13

Dow closed +61 at 15570 on Friday. Europe closed flat.  Dow's trend is up.
Dow's future is now +27. Europe opened mixed.

Asian bourses were mostly up.  Nikkei +308, ShanghaiC +1, Hangseng +108.
STI closed at day low, +3 at 3206.  Volume was 3.2b shares.  Gainers were
130 to 354 losers.

STI's trend is flat.

Top volumes were SkyOne -37.8, Digiland unchanged, YHM -0.5, SingHaiyi
unchanged, Innopac -0.3, HanKore -0.4, Albedo -0.3, Blumont -3.5, GoldenAgr
+1, Cedar unchanged.

Market opened up but closed near its day low at +3. Blue chips were weaker.
Penny and speculatives were big losers. SkyOne -37.8 from last Friday's
closing at 47.  Sentiments for penny and speculatives were hurt likely
because of the investigation on the 3 designated counters and now the sharp
fall of SkyOne.

Regional markets were positive. Europe and Dow are looking steady too.

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