Thursday, October 31, 2013

Daily Summary 31 Oct 13

Dow was -62 last night closing at 15619.  Europe were mixed.  Dow's trend is up. Dow's future is now 15519.  Europe opened marginally down.

Asian bourses were mostly down.  Nikkei -174, ShanghaiC -19, Hangseng -98.  STI closed -20 at 3211. Volume was 2b shares.  Gainers were 224 to 256 losers.

Trend of STI is flat.

Top volumes were GoldenAgr +2, SkyOne +0.8, ValueMax +4.5, Digiland unchanged, Inopac +0.1, Blumont -0.2, YHM +0.1, HPHTrust -1.5, Oceanus -0.1, Asiasons +0.8.

Market opened down and was down for the whole day. It closed at day low. Blue chips were mostly down. Penny and speculatives were firmer. Volume remained very low and market was very quiet with the computers doing most of the trading.

Europe and Dow are looking weaker at the moment.

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