Wednesday, March 12, 2014

Daily Summary 11 Mar 14

Dow was -67 last night closing at 16351.  Europe closed mixed.  Dow's short term trend is turning down. Dow's future is -4. Europe has opened down.  
Asian bourses were mostly down.  Nikkei -394, ShanghaiC -3, Hangseng -368.  STI closed -32 at 3097.  Volume was 2.2b shares.  Gainers 205 to 280 losers.

Trend of STI is turning down.

Top volumes were Albedo +0.1, HanKore +0.4, Innopac -0.2, Digiland unchanged, LionGold -0.8, GoldenAgr +0.5, JES +0.2, Blumont -0.3, CharismaEner unchanged, SIIC unchanged.

Market opened down and remained down for the whole session closing at day low. Blue chips were mostly down.  Penny and speculatives were mixed.  Olam continued to move up gaining another 2.5c.

Europe opened sharply down when Dow's future is flat at the moment.

No comments:

Post a Comment