Friday, February 6, 2015

Daily Summary 6 Feb 15

Europe and Dow were up last night.  Dow closed +212 at 17885.  Dow's trend is turning up. Dow's future is now +18.  European bourses opened down.

Asian bourses were mixed.  Nikkei +144, ShanghaiC -60, Hangseng -86.  STI closed +25 at 3431.  Volume was 1.2b shares.  Gainers were 235 to 188 losers.

Trend of STI is inching up.

Top gainers were GoldenAgri +3, Noble +7, IC unchanged, PacificAndes -0.2, Ezion -3, HPHTrust +1, Memstar unchanged, Genting -1.5, FirstReit unchanged, BengKuang +0.5.

Market opened slightly positive but gained strength to move up to a high of 3442. It pulled back slightly in the afternoon to close at 3431.  Blue chips were mostly firmer. Penny and speculatives were mixed.

Europe is weaker at this moment while Dow's future is now slightly up.

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