Thursday, February 20, 2014

Daily Summary 20 Feb 14

Dow was -90 last night closing at 16041.  Europe closed mixed.,  Dow's trend is up but starting to turn down. Dow's future is now -36.  Europe has opened down.

Asian bourses were mostly down.  Nikkei -317, ShanghaiC -4, Hangseng -270.  STI closed -3 at 3086.  Volume was 2b shares.  Gainers were 200 to 250 losers.

Trend of STI is up.

Top volumes were Hankore -0.3, WCorp +1, Albedo unchanged, CharismaEner -0.1, EMS +0.7, WE Hldg -0.6, SingHaiyi +0.1, KLW unchanged, Noble +4, SIIC unchanged.

Market opened up but slipped down to close marginally lower.  Regional bourses were also lower after the recent gains. Blue chips were mixed. Penny and speculatives were slightly firmer.

Dow and Europe are looking a bit weak at the moment. Could see a bit of pulling back tonight.

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