Monday, March 16, 2015

Daily Summary 16 Mar 15

European bourses closed mixed on Friday.  Dow -146 at 17749.  Dow's trend can go either way at the moment.  Dow's future is now +62.  Europe opened firmly up.

Asian bourses were mixed.  Nikkei -8, ShanghaiC +76, Hangseng +126.  STI closed +15 at 3378.  Volume was 1.2b shares.  Gainers were 164 to 297 losers.

Trend of STI is starting to turning up.

Top volumes were SIIC -0.4, Magnus unchanged, IHC unchanged, Noble -2, Tigerair +1.5, Biosensors +2, Armarda -0.1, Blumont -0.1, Unifiber unchanged,

STI opened flat but moved up quickly to stay positive for the rest of the session. Blue chips were weaker but index stocks were pushed up to move the index higher. General market was down.

Europe and Dow's tuture are positive and looking steady for tonight.

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