Thursday, December 4, 2014

Daily Summary 4 Dec 14

European bourses were mixed last night. Dow closed +33 at 17913.  Dow's trend is turning np.  Dow's future is now +2. European bourses opened slightly positive.

Asian bourses were mostly up.  Nikkei +167, ShanghaiC +121, Hangseng +404.  STI closed +4 at 3307.  Volume was 1.3b shares.  Gainers were 195 to 234 losers.

Trend of STI is slipping down.

Top volumes were MDR unchanged, IHC unchanged, ThaiBev +2, APAC unchanged, Genting -2, Xpress +0.1, OLS unchanged, BengKuang +0.6, SingTel unchanged, ResourcesPrima unchanged.

Market opened up but drifted down through the day. It closed near day low but managed a +4pts to stay positive.  Trading was quite. Blue chips were mixed. Keppel Corp continued to fall but Semb Industry and Marine stayed flat. Penny and speculatives were mixed.

Dow and Europe are indicating relatively flat at the moment.

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