Monday, March 7, 2016

Daily Summary 7 Mar 16

Europe and Dow were up on Friday. Dow closed +63 at 17007. Trend of Dow is up. Dow's future is -37 at the moment. European bourses opened mixed but now negative.

Asian bourses closed mixed. Nikkei -103, ShanghaiC +24, Hangseng -19. STI closed -14 at 2823. Volume was 2.9b shares. Gainers were 277 to 195 losers.

Trend of STI is up with a first day of falls.

Top volumes were Ezra +2.2, Noble +3, Vallianz +0.5, RexIntl +0.8, Loyz +0.6, NamCheong +1, ChinaSports +0.2, Xinren unchanged, Ezion +7, Charisma +0.1.

STI opened up and soon fell after half an hour of trading. it then stayed down for the rest of the session closing near its day low. Blue chips were mixed with a bit more losers. The general market was firmer with more gainers than losers.

Europe and Dow's future are down at the moment. It is looking like a time for some correction.


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