Wednesday, October 14, 2015

Daily Summary 14 Oct 15

Europe and Dow were slightly down last night. Dow closed -50 at 17082. Trend of Dow is still up but flattening. Dow's future is now -20. European bourses opened down.

Asian bourses were mostly down. Nikkei -344, ShanghaiC -31, Hangseng -181. STI closed -1 at 2984. Volume was 1.2b shares. Gainers were 195 to 242 losers.

Trend of STI is starting to turn down.

Top volumes were Noble +0.5, Jiutian +0.3, MMP +0.2, Stratech +0.3, GeoEnergy +1.2, GoldenAgri +0.5, RexIntl +0.3, EMS unchanged, Polaris -0.2, SingTel +1.

STI opened flat but fell 20 pts immediately before recovering to stay positive for the later part of the morning. It fell again to negative after lunch but closed flat after matching. Blue chips were mostly firmer but banks were in the red. The general market was slightly weaker.

Europe and Dow's future are down at the moment.


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