Wednesday, December 18, 2013

Daily Summary 18 Dec 13

Europe and Dow were slightly down last night. Dow closed -9 at 15875.  Dow's trend is down but leveling. Dow's future is now +35.  Europe opened up.

Asian bourses were mixed.  Nikkei +309, ShanghaiC -3, Hangseng +75.  STI closed -6 at 3062.  Volume was 3.1b shares. Gainers were 212 to 182 losers.

Trend of STI is slight down but flattening.

Top volumes were KLW +0.3, Albedo -0.2, HanKore +0.3, OttoMarine -0.1, Vallianz +1.3, ICP unchanged, EMSEner +0.5, OEL +0.2, Malacca Trust unchanged, CharismaEner +0.1.

Market opened down, turned positive during lunch time but closed down. Blue chips were weaker. Penny stocks were firmer. Volume has also increased. There could be some buying before the new year.

Dow and Europe are looking positive for tonight.

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