Thursday, June 5, 2014

Daily Summary 5 Jun 14

Europe were flat last night.  Dow +15 at 16738.  Dow's trend is up.  Dow's future is now +5. Europe opened mixed.

Asian bourses were mostly up.  Nikkei +11, ShanghaiC +16, Hangseng -42.  STI closed flat at 3280.  Volume was 2.2b shares.  Gainers were 253 to 187 losers.

Short term trend of STI has dipped down.

Top volumes were WCorp -0.2, APAC +0.8, Blumont +0.4, Teledata -0.4, STATSChipPac -1.5, Artivision +0.5, LionGold +0.7, InnoPac +0.2, QTVascular +3.5, Gallant +2.5.

Market opened flat, traded in a small range, dipped to negative but recovered to close flat.  Blue chips were mixed.  Penny and speculatives were firmer. Otherwise another quiet day.

Europe and Dow are flat at the moment.

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