Monday, May 16, 2016

Daily Summary 16 May 16

Europe closed mixed while Dow closed -185 at 17535. Trend of Dow is down. Dow's future is now +2. Europe opened down.

Asian bourses were mostly up. Nikkei +54, ShanghaiC +23, Hangseng +165. STI closed -1 at 2734. Volume was 3.2b shares. Gainers were 224 to 249 losers.

Trend of STI is still down but levelling.

Top volumes were Annica unchanged, LionGold unchanged, CedarStrategic unchanged, Attilan +1, Magnus +0.1, ThaiBev +8, Jadason +2.8, Genting -1.5, Blumont +0.2.

STI opened down, turned positive for an hour and fell back to negative. It recovered in the last hour to manage to stay positive with a small gain of 1 pt. Blue chips were mostly down. The general market was mixed.

European market are still slightly down but Dow's future is slightly up.


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