Wednesday, March 30, 2016

Daily Sumnmary 30 Mar 16

European bourses closed up last night. Dow gained 98 pts to close at 17633. Trend of Dow is reversing back up. Dow's future is now +83. European bourses opened up.

Asian bourses were mixed. Nikkei -224, ShanghaiC +80, Hangseng +437. STI closed +52 at 2871. Volume was 1.8b shares. Gainers were 333 to 154 losers.

Trend of STI sees a first break up.

Top volumes were Spackman +0.5, Noble +2, Rowsley +0.7, OKH -0.8, Ezra +0.2, TechOil and Gas +3.5, Genting +4, Parkson +1.1, ChinaSports +0.1, GoldenAgri +2.

STI opened up and gained strength through the day. It got another wind in late afternoon when Europe opened firmly up. Blue chips were mostly up. The general market was firmer with gainers to loser ratio at 2:1.

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


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