Monday, May 9, 2016

Daily Summary 9 May 16

Europe closed mixed on Friday. Dow was +80 at 17741. Trend of Dow is still looking down. Dow's future at the moment is +25. Europe opened firmly up.

Asian bourses were mixed. Nikkei +109, ShanghaiC -80, Hangseng +47. STI closed +32 at 2763. Volume was 1.5b shares. Gainers were 174 to 263 losers.

Trend of STI is down.

Top volumes were Noble -4.5, Vallianz +0.2, Ezra -0.6, ImperiumCrown -0.1, SingTel +9, RexIntl -0.9, ParksonRetail -4, Spackman -1.2, ThaiBev unchanged, AllianceMineral -0.7.

STI opened up, dipped down slightly but remained positive for the whole session. It closed at day high with Europe opened firmly up. Blue chips were mostly firmer. But the general market was weaker.

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


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