Wednesday, June 15, 2016

Dally Summary 15 June 16

Europe and Dow continued to fall but lesser last night. Dow closed -58 at 17675. Dow's trend is down. Dow's future is now +48. European bourses opened up.

Asian bourses were mostly up. Nikkei +61, ShanghaiC +45, Hangseng +80. STI closed +6 at 2774. Volume was 1.6b shares. Gainers were 174 to 205 losers.

Trend of STI is still looking down.

Top volumes were Annica unchanged, Ezra -0.4, Noble -0.5, SinoCloud unchanged, Memstar +0.1, Addvalue -0.2, LionGold unchanged, SingTel unchanged, KLW -0.1, ThaiBev +0.5.

STI opened flat and moved to slightly positive till after lunch. It then turned marginally negative unltil the last half an hour to end up near day high with +6 pts. There is a slight technical rebound following Europe's positive opening. Blue chips were slightly firmer. The general market was slightly weaker.

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


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