Monday, June 9, 2014

Daily Summary 9 Jun 14

Dow and Europe closed up on Friday.  Dow +88 at 16924. Dow's short term and long term trends are up.  Dow's future is now -10.  Europe opened marginally up.

Asian bourses were mostly up.  Nikkei +47, ShanghaiC +1, Hangseng +166. STI closed +3 at 3303.  Volume was 2.4b shares.  Gainers were 254 to 198 losers.

Trend of STI is slightly up.

Top volumes were Blumont +1.6, MagnusEnergy +0.5, UniversalRes +1.6, ChinaFlexpack +0.4, InnoPac +0.2, Matex +0.9, ISRcapital +1, MirachEnergy +2.3, Koyo +1, CCM +0.1.

Market opened up but closed off a bit weaker but still positive.  Blue chips were more ups. Penny and speculatives were mostly firmer. It is a rare sight to see the top 40 counters are green.

Europe are positive at the moment while Dow's future slightly down at the moment.

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