Tuesday, November 26, 2013

Daily Summary 26 Nov 13

Dow and Europe were slightly positive last night. Dow +8 at 16073.  Dow's trend is pointing up slightly. Dow's future is now +15.  Europe has opened flat.

Asian bourses were mixed.  Nikkei -104, ShanghaiC -3, Hangseng -3.  STI closed -7 at 3174.  Volume was 1.9b shares.  Gainers were 250 to 190 losers.

Trend of STI is down but flattening.

Top volumes were Albedo +0.6, SingHaiyi +0.1, Vallianz +0.8, HPHTrust -1, Noble +3, CharismaEnergy +0.2, Transcu unchanged, GoldenAgr +1, GSH +0.3, Inopac unchanged.

STI opened slightly down and traded in a narrow band. Volume was slightly better. Blue chips were mixed but penny and speculatives were firmer.

Europe and Dow are looking flat at the moment.

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