Friday, January 10, 2014

Daily Summary 10 Jan 14

Dow and Europe slipped a bit down last night.  Dow closed -18 at 16445.  Dow's trend is down but the fall is gradual.  Dow's future is now -18.  Europe opened firmly up at the moment.

Asian bourses were mixed.  Nikkei +32, ShanghaiC _14, Hangseng +59.  STI closed -2 at 3144.  Volume was 4.1b shares.  Gainers were 199 to 245 losers.

STI's trend is still trying to move back up.

Top volumes were Albedo +1.2, Hankore +0.2, NexGen unchanged, CharismaEner +0.1, SingHaiyi unchanged, KLW unchanged, Vallianz -1, OttoMarine +0.3, Oceanus -0.2, GSH +0.1.

Market opened flat, turned positive for most part of the day but closed -2 for a Friday.  Blue chips were slightly firmer.  Penny and speculatives were mixed. There could be some play till the Chinese New Year at the look of things with volumes slightly higher.

Europe opened firm while Dow's future is slighlty down.

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