Friday, June 26, 2015

Daily Summary 26 Jun 15

Europe were mostly down slightly last night. Dow closed -76. Short term trend of Dow is turning down. Dow's future is now +5. Europe opened down.

Asian bourses were mostly down. Nikkei -65, ShanghaiC -334, Hangseng -482. STI closed- 25 at 3324. Volume was 1.5 shares. Gainers were 182 to 264 losers.

Trend of STI starts to turn down.

Top volumes were Ezra -8.8, Noble +2.5, IHC unchanged, Armarda unchanged, Debao +2.5, MDR +0.1, SIIC -0.7, SingTel -7, Digiland +0.1, Magnus -0.2.

STI opened down but swung up quickly to positive. It did not stay long and fell for the rest of the session to close near day low. Blue chips were mixed but banks were all losers. The general market was weaker in line with the rest of the bourses.

Europe is looking weak at the moment while Dow's future is flat.


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