Tuesday, July 29, 2014

Daily Summary 29 Jul 14

Europe was flat yesterday while Dow closed +22 at 16983.  Dow's trend has broken down with MACDs cutting downwards.  Dow's future is now -28.  Europe opened marginally down.  

Asian bourses were mostly firmer. Nikkei +89, ShanghaiC +5, Hangseng +212.  STI closed +8 at 3358.  Volume was 1.4b shares.  Gainers were 199 to 260 losers.

Trend of STI is up.

Top volumes were Adventus +0.8, Albedo -0.1, WCorp unchanged, IHC +0.5, Spackman +1.5, Xpress -0.1, Artivision -1, Jaya -0.4, Tritech unchanged, ThaiBev unchanged.

Market opened slightly up and stayed there for the whole day. Volume was a low of 1.5b shares.  Blue chips were mixed. Penny and speculatives were also mixed.

Europe and Dow are slightly down at the moment.

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