Tuesday, September 1, 2015

Daily Summary 1 Sep 15

European bourses were mixed last night. Dow was -115 closing at 16528. Trend of Dow is turning down. No data on Dow's future at the moment. European bourses opened sharply down.

Asian bourses were mostly sharply down again. Nikkei -725, ShanghaiC -44, Hangseng -435. STI closed -39 at 2883. Volume was 1.8b shares. Gainers were 152 to 301 losers.

Trend of STI is turning down.

Top volumes were Ezra -0.1, ChinaFishery +0.2, ChineseGlobal +1.1, PacificAndes +0.1, GreatGroup unchanged, IHC +0.5, Noble -2.5, HPHTrust unchanged, ChinaSports +0.1, LoyzEnergy +0.2.

STI opened flat and stayed slightly positive for an hour before turning negative but stable. It started to fall sharply in the last hour to close at day low. Blue chips were mostly in the red. The general market was down.

European bourses are sharply down at the moment.


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