Thursday, February 11, 2016

Daily Summary 11 Feb 16

European bourses were up last night but Dow closed -100. Trend of Dow is down. Dow's future is now -246. European bourses opened sharply down.

Asian bourses fell with Hangseng down sharply. Hangseng -742, Tokyo and Shanghai closed. STI closed -39 at 2543. Volume was 980m shares. Gainers were 121 to 266 losers.

Trend of STI is looking weak.

Top volumes were LionGold -0.1, SingTel -12, Noble -2, GlobalLogistic -2, Stratech +0.2, Genting -2.5, LuzhouBiochem -0.1, Ezra -0.3, QTVascular+0.4, HPHTrust -3.

STI opened down but fairly steady with small losses despite sharp losses in Hongkong. There was a spate of selling in the last hour, probably triggered by the falling European bourses, and the market closed at day low. Blue chips were mostly in the red. The general market was also down.

Europe and Dow's future are all down at this moment.


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