The market gained 54 points today, closing higher by 1.43% on a slightly lower turnover value. Pretty much exciting day for the blues today.
The rally is led by ALI +4.09%, BPI +4%, JFC +3.90%, DMC +3.61%, with MBT +1.95%, AGI +1.89%, AEV +1.83%, and AP 1.58% as honorable mentions. Other gainers with considerable turnover are MAB +6.90% and RFM +6.16%.
Today's top losers are the third liners APM -5.56% and ELI -3.95% while GLO is the heaviest losing 2.99% today.
Did I see it right? Macquarie have been buying RFM heavily at the closing. ATR is also seems pretty heavy with this issue for this month. Something must be cooking. Value turnover seems anemic though.
The Aboitiz issues seem to have come back to life again. My trend buy signal yesterday on AEV seems to be valid(and working too) while AP has yet to generate any signal.
NIKL seems to be being manipulated by ASIASEC. It was a boring day -lowest turnover if only not from the cross of Deutsche - and it was already doing at 21.85 at the closing(pre-open/pre-close). When I checked it back, it was back to 22.30 with ASIASEC as the culprit. I feel like he could have just bid lower at 21.85 too. Intra-invest has been missing on the board and has stopped his selling this past few days. I wonder what has gotten into him.
Still trending with SCC.
Hypothetical short position in MER is down by 5.19%. Will cover once it retrace to 214-220 levels.
Hypothetical short position in AP is down by 6%. Will cover at 27.75-28.
Thursday, February 17, 2011
London Metal Exchange: Nickel
Too bad that I could only get historical data starting from January 1.
Volume on the chart is the volume of supply for that day (in tonnes).