Friday, September 12, 2014

Daily Summary 12 Sep 14

Dow and Europe were slightly down last night.  Dow - 20 at 17049.  Dow's short term trend is still looking down. Dow's future is now -10. Europe opened slightly down.

Asian bourses were mixed. Nikkei +39, ShanghaiC +20, Hangseng -67.  STI closed -2 at 3346.  Volume was 1.3b shares.  Gainers were 210 to 241 losers.

Short term trend of STI is flat with slightly upward biased.

Top volumes were APAC unchanged, Mirach +0.5, SingaporeeDev unchanged, RexIntl +0.5, Genting -2, IHC unchanged, GoldenAgri unchanged, Equation unchanged, Blumont unchanged, Weiye +0.2.

STI opened down but stayed up marginally for most part of the day. There were some selling pressure in the last half hour of trading to close near day low at -2. Volume was again a low of 1.3b shares.  Blue chips closed a bit firmer while penny and speculatives were slightly weaker.

Europe and Dow were looking slightly weak at the moment.

No comments:

Post a Comment