Thursday, June 30, 2016

Daily Summary 30 Jun 16

Europe and Dow had another round of good gains last night. Dow closed +285 at 17695. Short term trend of Dow is reversing up. Dow's future at this moment is +14. European bourses opened flat and mixed.

Asian bourses were mostly up. Nikkei +9, ShanghaiC -2, Hangseng +358. STI closed +43 at 2835. Volume was 2.2b shares. Gainers were 259 to 161 losers.

Short term trend of STI is up.

Top volumes were Noble +2.4, Annica unchanged, Cedar unchanged, Ezra unchanged, SingTel +9, GoldenAgri +1.5, ResourcesPrima +0.6, RexIntl +0.1, ThaiBev unchanged, HPHTrust +2.

STI gapped up 90 points on opening. It then retreated to stay about 40/50 pts up for the rest of the session. Blue chips especially banks were big gainers. The general market was also firmer.

European bourses are still flat at this moment while Dow's future is slightly up.


No comments:

Post a Comment