Monday, March 17, 2014

Daily Summary 17 Mar 14

Dow and Europe were weaker on Friday. Dow -43 at 16066.  Dow's trend still going down. Dow's future is now +10.  Europe opened up.

Asian bourses were mixed.  Nikkei -50, ShanghaiC +19, Hangseng -66.  STI closed +16 at 3090.  Volume was 1.7b shares.  Gainers were 255 to 198 losers.

Short term trend of STI is down but we have a break today.

Top volumes were Equation -0.1, Albedo -0.5, StJames +1, TTInt +1.4, Transcu +0.1, PerennialCRT +0.5, HanKore +0.1, LionGold +0.6, SingHaiyi unchanged, GoldenAgr +1.

Market opened flat but moved up to close at day high. Blue chips were mostly firmer.  Penny and speculatives were mixed.

Europe and Dow are looking firm at this moment.

No comments:

Post a Comment