Wednesday, May 4, 2016

Daily Summary 4 May 16

Europe and Dow were down last night. Dow closed at 17751, -140. Trend of Dow is turning down. Dow's future is now -34. Europe opened slightly down.

Asian bourses were mostly down. Nikkei -519, ShanghaiC -2, Hangseng -151. STI closed at 2777, -34. Volume was 1.1b shares. Gainers were 137 to 308 losers.

Trend of STI is down.

Top volumes were Ezra -0.3, Noble -0.5, Genting -2, SingTel -7, GoldenAgri -0.5, ThaiBev unchanged, YZJ -5.5, GlobalLogistic -4.5, Wilmar -12, HPHTrust -0.5.

STI opened down and fell lower through lunch hours. It recovered some losses in mid afternoon to close off the day's low. Blue chips were mostly weaker. The general market was down with gainer loser ration 1:2.

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


No comments:

Post a Comment