Friday, November 14, 2014

Daily Summary 14 Nov 14

Europe and Dow were marginally up last night.  Dow closed +41 at 17653.  Uptrend of Dow is showing it still got some strength.  Dow's future is flat at this moment. Europe also opened flat.

Asian bourses were generally up. Nikkei +98, ShanghaiC -8, Hangseng +67.  STI closed +7 at 3312.  Volume was 1.7b shares.  Gainers were 219 to 254 losers.

Trend of STI is flat but slightly upward biased.

Top volumes were Memstar +0.4, OLS +0.1, SIIC +0.5, GoldenAgri -0.5, Equation +0.1, IHC +0.5, Genting +1, Weiye +0.1, Charisma -0.1, ResourcesPrima +0.1.

Market opened marginally up and stayed that way for the most part of the session.  Blue chips were mixed. Penny and speculatives slightly weaker. It was a directionless session for a Friday.

Europe and Dow are flat at the moment.

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