Friday, August 5, 2016

Daily Summary 5 Aug 16

European bourses were up last night but Dow closed -3 at 18352. Dow's trend is showing first sign of reversing. Dow's future is now +36. European bourses opened up.

Asian bourses closed mixed. Nikkei flat, ShanghaiC -5, Hangseng +314. STI closed flat at 2831. Volume was 1.7b shares. Gainers were 202 to 187 losers.

Trend of STI is down.

Top volumes were Noble +1.1, Annica unchanged, Ezra -0.3, QTVascular -0.3, Genting -4, Blumont -0.1, ThaiBev -0.5, SingMedical +5.5, SingTel -1, Spackman -0.1.

STI opened flat but slipped to negative immediately and stayed slightly down for the most part of the session. It turned positive for half an hour in mid afternoon only to fall back to close flat. Blue chips were mixed. The general market was mixed..

Europe and Dow's future are now slightly up.


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