Friday, October 7, 2016

Daily Summary 7 Oct 16

Europe closed marginally lower last night. Dow closed -13 at 18269. Trend of Dow is sideways. Dow's future at the moment is -36. Europe opened marginally down.

Asian bourses were mixed today. Nikkei -39, ShanghaiC closed, Hangseng -101. STI closed -13 at 2872. Volume was 2b shares. Gainers were 174 to 206 losers.

Trend of STI is still slightly looking up.

Top volumes Noble +0.1, Ezra -0.2, Ezion +0.5, YingLi +2.2, GeoEnergy +0.8, Yuuzoo +0.4, Annica unchanged, Charisma unchanged, Sysma +1.5, Mercurius +0.3.

STI opened up but slipped to negative quickly and stayed down for the rest of the session probably due to the week end effect. It closed near day low at -13. Blue chips were mostly red. The general market was also weaker.

Europe and Dow's future at this moment in time are marginally down.


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