Friday, December 19, 2014

Daily Summary 19 Dec 14

Dow and Europe were strongly up last night. Dow +421 to close at 17778, erasing one week's losses.  Dow's trend is turning up.  Dow's future is now +63.  Europe opened up.

Asian bourses were all up.  Nikkei +411, ShanghaiC +52, Hangseng +284.  STI closed +40 at 3284. Volume was 1.4b shares.  Gainers were 270 to 202 losers.

Trend of STI has turned up.

Top volumes were GoldenAgri -0.5, OLS -0.1, SIIC -0.3, IC +0.5, Blumont +0.2, Noble +3, SingTel -5, APAC unchanged, Elektromotive +0.1, IHH +4.5.

Market opened up and climbed higher to close at day high. Blue chips were mostly up. Penny and speculatives were also firmer but volume still remained a low of 1.4b shares.

Europe and Dow are looking firm for tonight.

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