Monday, December 8, 2014

Daily Summary 8 Dec 14

Europe and Dow closed firm on Friday. Dow was +59 at 17959.  Trend of Dow is up. Dow's future is now -33.  Europe opened down.

Asian bourses were mixed.  Nikkei +15, ShanghaiC +84, Hangseng +45.  STI closed -23 at 3302.  Volume was 1.45b shares.  Gainers were 148 to 280 losers.

Trend of STI is slightly down.

Top volumes were SIIC -0.5, Pacific Century -0.5, IC unchanged, Equation +0.1, OLS +0.1, AdvanceSCT +0.1, Elektromotive -0.1, GoldenAgr -1, Mirach -0.6, ThaiBev unchanged.

Market opened flat but turned positive for the main part of the morning before sliding down to close at day low. Blue chips were firmer in the morning but ended mostly weaker.  Penny and speculatives were generally weaker as well.

Europe and Dow are looking a bit weak for tonight.

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