Thursday, July 7, 2016

Daily Summary 7 Jul 16

Dow and Europe had a sharp fall on 5 Jul but while Europe continued to fall yesterday, Dow turned positive with +78 points. Europe has taken the cue from Dow's gain and have opened firmly up. Unable to get Dow's future quote at the moment..

Asian bourses closed mixed. Nikkei -103, ShanghaiC flat, Hangseng +212. STI closed -3 at 2862. Volume was 2b shares. gainers were 207 to 215 losers.

Trend of STI is still up.

Top volumes were NobleR -3.1, Noble -2.1, AnchorResources +2, CNMC +8.5, SingTel +2, ResourcesPrima +0.7, Ezra unchanged, Vallianz -0.1, ThaiBev +1.5, Ezion -4.5.

STI opened flat and stayed flat for the whole session, mostly just marginally down. Blue chips were mixed and so was the general market.

Europe is still firmly up at the moment.


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