Thursday, May 19, 2016

Daily Summary 19 May 16

Europe closed mixed last night while Dow closed -3 at 17527. Trend of Dow is slightly down. Dow's future at the moment is -48. European bourses opened down.

Asian bourses are mostly down. Nikkei -+2, ShanghaiC flat, Hangseng -132. STI closed -39 at 2738. Volume was 1.7b shares. Gainers were 152 to 288 losers.

Trend of STI still slightly looking up but unable to break up.

Top volumes were Ezra -0.5, Magnus -0.1, GoldenAgri unchanged, Noble +0.5, GlobalLogistic -6, ThaiBev -4, Cedar +0.1, Jadason +1, RexIntl -0.7, GCCP +0.5.

STI opened marginally up but slipped down quickly and continued to fall through the session to close near day low. Blue chips were mostly down. The general market was down with gainer loser ratio at 1:2.

Europe and Dow's future are now down at this moment.


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