Thursday, April 7, 2016

Daily Summary 7 Apr 16

European bourses and Dow were up last night. Dow closed +113 at 17716. Short term trend of Dow is unclear. Dow's future is now -19. European bourses opened up at this moment.

Asian bourses closed mixed. Nikkei +34, ShanghaiC -41, Hangseng +59. STI closed flat at 2811. Volume was 1.5b shares. Gainers were 228 to 219 losers.

Trend of STI is drifting down.

Top volumes were Ezra +0.1, Magnus unchanged, Noble -1, Annica unchanged, Rickmers +0.7, ChinaEnv unchanged, RexIntl -0.4, OKH -0.3, IEV +0.1, MFSTech +0.2.

STI opened up and moved up but dripped back slightly to stay positive for the whole session. It closed nearly flat at +4. Blue chips were mixed and so was the general market.

European bourses are up but Dow's future is slighlty down at the moment.


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