Tuesday, September 15, 2015

Daily Summary 15 Sep 15

European bourses were mixed while Dow closed -62 at 16371. Dow's chart is forming a triangle and looking for a break up. Dow's future is now -45. European bourses opened slightly down.

Asian bourses were mixed. Nikkei +61, ShanghaiC -110, Hangseng -107. STI closed -25 at 2847. Volume was 1.4b shares. Gainers were 179 to 260 losers.

Trend of STI is looking down after failing to break up.

Top volumes were Olam +1.5, NewSilkroutes unchanged, Healthway -0.3, Ezra -0.3, Stratech +0.2, GlobalLogistic -3, ChinaSky +2.1, Genting +1, Rowsley +0.8, Informatics +0.4.

STI opened down and slipped further to stay around -20 pts for the most part of the session. Blue chips were mostly in the red. The general market was weaker pending Fed announcement of an interest rate hike.

European bourses are fairly flat at the moment while Dow's future is slightly down.


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