Thursday, December 18, 2014

Daily Summary 18 Dec 14

Dow and Europe recovered last night.  Dow closed +288 closing at 17357.  Trend of Dow is seeing a break up.  Dow's future is now +68.  Europe opened strongly up.

Asian bourses mostly recovered strongly. Nikkei +390, ShanghaiC -3, Hangseng +246.  STI closed +20 at 3247.  Volume was 1.3b shares.  Gainers were 234 to 183 losers.

Down trend of STI is starting to turn up..

Top volumes were IHC unchanged, Mirach +0.2, GoldenAgri +1.5, APAC +0.3, Ezion +3, Noble -2, GlobalLogistic -8, SingTel -4, SIIC unchanged, TopGlobal +0.1.

Market opened up and stayed up through the day. It moved higher in the last hour to close near day high at 3247.  Volume continued to be low.  Blue chips were big gainers. Penny and speculatives were slightly firmer.Keppel Corp continued to recover but not Sembcorp Marine.

Europe and Dow are looking to close high tonight.

No comments:

Post a Comment