Wednesday, May 11, 2016

Daily Summary 11 May 16

Europe closed mixed last night while Dow +222 closing at 17928. Trend of Doiw is turning up. Dow's future at this moment is -58. European bourses opened down.

Asian bourses closed mixed. Nikkei +14, ShanghaiC +5, Hangseng -187. STI closed -10 at 2732. Volume was 1.4b shares. Gainers were 196 to 250 losers.

Trend of STI is still down.

Top volumes were Noble -1, Ezra -0.3, Sincap +0.4, Spackman +0.6, ThaiBev +2, Wilmar -12, GoldenAgri unchanged, SingTel +1, GlobalLogistic -1.5, Genting unchanged.

STI opened up but slid to negative after an hour of trading and stayed negative for the rest of the session. It closed off its low in the last half hour with some short covering. Blue chips were weaker, so was the general market.

Europe and Dow's future are slightly down at the moment.


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