Thursday, May 5, 2016

Daily Summary 5 May 16

Europe and Dow were down last night. Dow closed -100 at 17651. Trend of Dow is slipping down. Dow's future at this moment is +89. European bourses opened up.

Asian bourses were mostly down. Nikkei closed, ShanghaiC +7, Hangseng -76. STI closed -0.5 at 2772. Volume was 1.3b shares. Gainers were 190 to 209 losers.

Trend of STI is down.

Top volumes were HLH +0.2, AnchorResources +2.4, Noble unchanged, Ezra -0.1, GoldenAgri -0.5, Jumbo +4, Genting unchanged, SingTel +2, ChinaStarFood +3, ImperiumCrown +0.3. IEV +0.2

STI opened down and stayed down for the whole session. It made a push up in the last half hour, likely due to short covering but still closed -0.5. The recovering of oil price also helped related marine stocks to move p. Blue chips were mixed. The general market was weaker.

Europe and Dow's future are up at this moment.


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