Friday, April 25, 2014

Daily Summary 25 Apr 14

Dow and Europe were flat last night. Dow closed unchanged at 16502. Dow's trend is up. Dow's future is now -25. Europe opened down.

Asian bourses were mostly down. Nikkei +24, ShanghaiC -21, Hangseng -339. STI closed -16 at 3268. Volume was 2.3b shares. Gainers were 177 to 260 losers.

Trend of STI is flattening.

Top volumes were Top Global +0.1, Memstar -0.1, HanKore -0.3, CapitaMallAsia +1, Equation +0.1, Transcu unchanged, Albedo -0.1, POSH(IPO) closed1.155, SIIC +1.5, CharismaEner -0.2.

Market opened down and closed slightly lower at the end of the day. Blue chips were mostly red with profit taking for the weekend. Penny and speculatives too were more losers than gainers.

Overall market is stable.

Dow and Europe are looking slightly weaker for tonight.

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