Friday, May 8, 2015

Daily Summary 8 May 15


Europe closed mixed while Dow recovered from early loss to close +82 at 17924.  Dow's trend is still down.  Dow's future at the moment is +35.  European bourses opened up.

Asian bourses were mostly up.  Nikkei +87, ShanghaiC +95, Hangseng +287.  STI closed +19 at 3452. Volume was 2b shares.  Gainers were 250 to 217 losers.

Trend of STI is down but seeing the first gain after a week of falls.

Top volume was SIIC +0.5, IHC +0.5, Noble -1, SinoConstruction -0.3, Stratech +0.4, GoldenAgri +1, HPHTrust +0.5, WE unchanged, Genting +2, Vallianz -0.2.

STI opened up and stayed up for the whole session, getting firmer in the afternoon. Blue chips were slightly firmer.  The general market was mixed.

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

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