Friday, February 12, 2016

Daily Summary 12 Feb 16

Europe and Dow were down by 3 digits last night. Dow closed -255 at 15661. Trend of Dow is down. Dow's future is now +71. European bourses opened up.

Asian bourses were mostly down with Nikkei getting a hit, -761, Hangseng -226, Shanghai closed. STI closed +1 at 2540. Volume was 1b shares. Gainers were 167 to 208 losers.

Trend of STI is down.

Top volumes were Stratech unchanged, Magnus -0.1, HPHTrust +0.5, Noble unchanged, LionGold unchanged, Mapletree GCC -2.5, GlobalLogistic -1.5, SingTel +4, GoldenAgri unchanged, AscendasReit +4.

STI opened flat and swung up and down with a small range. It closed slighlty positive +1. Blue chips were mixed. DBS was down while the other two banks were steady. The general market was weaker.

Europe and Dow's future at this moment are positive.


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