Thursday, November 20, 2014

Daily Summary 20 Nov 14

European bourses were flat last night while Dow was -2 at 17686.  Trend of Dow was slightly trending up.  Dow's future is now -57.  Europe opened down.

Asian bourses were mixed.  Nikkei +12,  ShanghaiC +2, Hangseng -24.  STI closed -19 at 3316.  Volume was 1.3b shares.  Gainers were 159 to 286 losers.

Trend of STI is flat.

Top volume were IHC  unchanged, GoldenAgri -1, Meah unchanged, Genting +1.5, Digiland +0.1, SingTel  -3, Memstar unchanged, ThaiBev -2.5, CommDesign-0.6, IPCO  unchanged.

Market opened marginally up.but slid down to close at day low. Blue chips were mostly in the red. Penny and speculatives were also weaker. Volume was a low of 1.3b.

Europe and Dow are looking weak at the moment.

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