Monday, March 24, 2014

Daily Summary 24 Mar 14

Europe were up on Friday but Dow -28 closing at 16303.  Trend of Dow is flat. Dow's future is now +32. Europe opened down.  

Asian bourses were mostly up with Nikkei +251, ShanghaiC +19 and Hangseng +410.  STI closed +38 at 3112.  Volume was 2.3b shares.  Gainers were 288 to 193 losers.

Trend of STI is turning up.

Top volumes were Albedo +0.2, AdvSCT -0.1. Digiland +0.1, HanKore unchanged, Armarda -0.1, OceanSky -1.4, LionGold -0.6, Memstar +0.6, WEHldg -0.1, CCM unchanged.

Market opened up and moved higher in line with regional bourses. Blue chips made good gains. Penny and speculatives were also firmer.
Volume has improved slightly but still low.

Dow is looking positive for tonight but Europe opened weaker.

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