Wednesday, February 17, 2016

Daily Summary 17 Feb 16

European bourses closed flat and mixed last night. Dow was +223 at 16196. Trend of Dow is having a second up tick. Dow's future at the moment is -2 and improving. European bourses are up.

Asian bourses were mixed. Nikkei -218, ShanghaiC +31, Hangseng -198. STI closed -31 at 2614. Volume was 1.1b shares. Gainers were 154 to 242 losers.

STI is turning up but weakening.

Top volumes were WE +0.1, Noble unchanged, Genting +1.5, SingTel -11, Ezra -0.3, Dapai +0.5, HuAn -0.1, Spackman -0.1, GoldenAgri -1, GlobalLogistic -0.5.

STI opened slightly positive but fell after 15 min. It tried to move back up but failed to break up and fell further to close near day low at -31. Blue chips were firmer in early morning but weakened by end of the day. The general market was weaker.

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


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