Monday, July 4, 2016

Daily Summary 4 Jul 16

Europe and Dow had another positive session on Friday. Dow closed +19 at 17949. Short term trend of Dow is up but the gains are getting smaller after 3 sessions of 3 digit gains. Dow's future is now +23. US market will be closed tonight.

Asian bourses were mostly up today. Nikkei + 93, ShanghaiC +56, Hangseng +265. STI closed +25 at 2871. Volume was 1.9b shares. Gainers were 281 to 142 losers.

Short term trend of STI is up.

Top volumes were Noble -0.8, ThaiBev +3.5, GoldenAgri +1.5, Magnus unchanged, Ezra +0.2, Yuuzoo +0.6, AnchorResources +0.3, Genting +3, CNMC +3.5, H{HTrust +2.5. Vallianz unchanged.

STI opened marginally up but slipped to flat after half an hour. It then moved back up and stayed positive for the rest of the session closing near day high at +24. Blue chips were mostly up. The general market was also up.

Europe opened slightly down at this moment. Dow's future is slightly up at the moment. There will be no market at New York today for Independence Day.


No comments:

Post a Comment