Tuesday, February 2, 2016

Daily Summary 2 Feb 16

Europe and Dow were slightly down last night. Dow's trend is still looking up after the first break the day before. Dow's future is now -102 at this moment. European bourses opened down.

Asian bourses were mostly down. Nikkei -115, ShanghaiC +62, Hangseng -149. STI -23 at 2580. Volume was 840m shares. Gainers were 172 to 234 losers.

Trend of STI is weakening after Friday's break up.

Top volumes were GlobalLogistic +4, Noble unchanged, Ezra -0.3, Genting -1.5, ST Engineering -10, YZJ -7.5, Jiutian +0.1, SingTel +1, AscendasReit +1, HPHTrust unchanged.

STI opened down, tried to break up but unable to turn positive and stayed negative for the whole session to close at day low. Blue chips were mostly down led by the banks. The general market was down with more losers than gainers. Volume was a low of 840m shares.

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


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