Daily Summary 31 Jul 15

Europe closed slightly up last night while Dow -5 at 17746. Short term trend of Dow is still up. Dow's future at this moment is +8. European bourses opened mixed.

Asian bourses closed mixed. Nikkei +62, ShanghaiC -42, Hangseng +138. STI closed -47 at 3205. Volume was 2b shares. Gainers were 141 against 341 losers.

Trend of STI is down.

Top volumes were Noble -6.5, Global Logistic -20, Vallianz -0.5, HPHTrust +0.5, GoldenAgri -0.5, IHC +0.5, Ezra -0.5, SingTel -2, Genting -1.

STI opened down and fell further but closed off its day low. It was the last day of the month and there was some expectation of a window dressing but the whole market was sold down instead even for stocks with good results. Blue chips were mostly down. The general market saw losers more than gainers by 2 to 1.

Europe is turning positive at this moment. Dow's future is slightly up.

Daily Summary 30 Jul 15

Europe and Dow were up last night. Dow closed +121 at 17751. Trend of Dow is turning up from the recent falls. Dow's future is now -34. European bourses opened marginally down.

Asian bourses closed mixed. Nikkei +220, ShanghaiC -83, Hangseng -121. STI closed -31 at 3253. Volume was 2.2b shares. Gainers were 163 to 307 losers.

STI's trend is down.

Top volumes were Stratech +0.2, Vallianz +0.3, Noble -7, Magnus -0.8, GoldenAgri -0.5, Europtronic unchanged, Ezra +0.3, Charisma +0.1, IHC -0.5, Ezion +3.5.

STI opened flat but moved down through the session to close near day low. Blue chips were mixed but the overall market was down with gainer loser ratio at 1:2.

European bourses have just turned marginally positive. Dow's future is still down.

Daily Summary 29 Jul 15

Europe and Dow were up last night. Dow closed +190 at 17630. Down trend of Dow is seeing a day of gains. Dow's future is now +22. Europe bourses opened mixed.

Asian bourses closed mixed. Nikkei -26, ShanghaiC +127, Hangseng +116. STI closed +3 at 3284. Volume was 2.1b shares. Gainers were 192 to 246 losers.

Trend of STI is still down.

Top volumes were Stratech +0.9, ChinaSports -0.5, ChinaEssence +0.6, HuAnCable +0.6, ChineseGlobal -0.5, IHC unchanged, WE unchanged, SinoConstruction +0.2, Ezra -0.5.

STI opened up and stayed positive the whole session. It closed near its day low with a small gain of 3 points. Blue chips were mostly up. The general market was slightly weaker. Shanghai and Hongkong's recovery helped to stabilise the market from falling.

European bourses turning positive with marginal gains. Dow's future is slightly up at this moment.

Daily Summary 28 Jul 15

Europe and Dow were firmly down last night. Dow -128 to close at 17441. Dow's trend is down. Dow's future at this moment is +54. European bourses opened up.

Asian bourses were mixed. Nikkei -21, ShanghaiC -63, Hangseng +152. STI closed -32 at 3281. Volume was 2.6b shares. Gainers were 173 to 315 losers.

Trend of STI is down.

Top volumes were ChineseGlobal -0.6, ChinaEssence +1.3, ChinaSports +0.2, Noble -2.5, ChinaBearing +0.7, GoldenAgri -2, IHC -0.5, WE -0.1, ChinaIntl +0.5, Adventus -0.6.

STI opened down and stayed down for the whole session closing near day low. Blue chips were mostly in the red. General market was down. Shanghai fell again but with the intervention by the Chinese govt the fall was smaller while Hangseng recovered some losses.

Europe and Dow's future are now positive.

Daily Summary 27 Jul 15

Europe and Dow were down on Friday. Dow closed -163 at 17569. Trend of Dow is down. Dow's future is now -19. European bourses opened down.

Asian bourses were sharply down. Nikkei -194, ShanghaiC -345, Hangseng -777. STI closed -38 at 3314. Volume was 1.9b shares. Gainers were 115 to 408 losers.

Trend of STI has started to go down.

Top volumes were ChineseGlobal +4.3, WE +0.1, IHC unchanged, Memstar unchanged, ThaiBev -0.5, CEFC unchanged, OEL -0.1, QTVascular +0.4, SIIC -1.2, SinoConstruction -0.2.

STI opened slightly but kept falling in line with regional bourses. It closed at day low losing 38 pts. Blue chips were mostly in the red, The general market was also down.

Europe and Dow's future at the moment were all down.

Daily Summary 24 Jul 15

European bourses were flat last night. Dow closed -119 at 17732. Trend of Dow is down. Dow's future is now +20. European bourses have opened slightly up.

Asian bourses were mostly down. Nikkei -139, ShanghaiC -53, Hangseng -270. STI closed -6 at 3350. Volume was 1.8b shares. Gainers were 204 to 269 losers.

Trend of STI is starting to slide down.

Top volumes were Foreland -0.1, CEFC +6, Debao +0.4, Jasper +0.1, Xpress unchanged, ThaiBev unchanged, IHC +1, ChinaSports +0.4, Qingmei +0.3, Noble +0.5.

STI opened slightly up but slipped to negative after one hour of trading. It stayed negative for the rest of the session and closed near day low. Blue chips were mixed. The general market was also weaker.

European bourses and Dow's future are slightly positive at this moment.

Daily Summary 23 Jul 15

Europe and Dow were down again. Dow closed -68 at 17851. Trend of Dow is down. Dow's future is now +18. Europe opened flat, slightly positive at this moment.

Asian bourses were mostly up. Nikkei +90, ShanghaiC +98, Hangseng +116. STI closed +3 at 3362. Volume was 2.5b shares. Gainers were 214 to 253 losers.

Trend of STI is up but weakening.

Top volumes were Noble -1.5, NewSilkroutes unchanged, Infinio unchanged, ThaiBev -1, Sitra -0.2, Qingmei -0.2, IPCO unchanged, Armarda unchanged, Blumont +0.1, Vallianz +0.1.

STI opened up and stayed at about +10 for the most part of the session. It slipped down in the last hour to close at day low, but with a smal gain of 3 pts. Blue chips were generally firmer. General market was slightly weaker.

Europe and Dow's future at the moment are slightly positive.

Daily Summary 22 Jul 15

Europe and Dow were down last night. Dow closed -181 at 17919. Trend of Dow has started to turn down. Dow's future at this moment is -71. European bourses opened down.

Asian bourses were mostly down. Nikkei -248, Shanghaic +9, Hangseng -254. STI closed -13 at 3359. Volume was 2.9b shares. Gainers were 206 to 278 losers.

STI starts to turn down.

Top volumes were Qingmei -0.3, Dapai +0.7, Stratech +0.3, Foreland -1.4, Jasper +1, ChinaYongsheng +0.9, Sitra +0.6, Cacola +1.5, NewSilkroutes unchanged. Weiye +0.3.

STI opened flat, turned positive for a short while and then traded flat. After lunch it slipped to negative and closed near day low at -12. Blue chips were mixed. The general market was weaker.

Europe and Dow's future at the moment are both down.

Daily Summary 21 Jul 15

Europe and Dow were slightly up last night. Dow closed +14 at 18100. Trend of Dow is flattening. Europe opened slightly down.

Asian bourses were mostly up. Nikkei +191, ShanghaiC +27, Hangseng +132. STI closed -2 at 3371. Volume was 3.4b shares. Gainers were 274 to 223 losers.

Trend of STI is up.

Top volumes were Foreland +1.8, NewSilkroutes unchanged, WE +0.3, Qingmei +2.6, Edition +1, CEFC 11.5, ChinaSports +1.4, Oceanus +0.2, SinoConstruction -0.3, Darco +0.8.

STI opened up but traded through the day moving just above and below yesterday's closing level. It finally ended -2. Blue chips were mostly weaker. General market was slightly firmer. There were some big fluctuations in penny stocks with a few counters doubling their prices. Looks like there is increasing interest in penny stocks.

Europe and Dow's future are slightly down at the moment.

Daily Summary 20 Jul 15

Europe closed mixed while Dow ended -34 at 18086. Trend of Dow is still up but flattening. Dow's future is now +28. European bourses opened firmly up.

Asian bourses closed mixed. Nikkei +51, ShanghaiC +36, Hangseng -10. STI closed -22 at 3374. Volume was 2b shares. Gainers were 293 to 180 losers.

Trend of STI is up.

Top volumes were SinoConstruction +0.9, CEFC +8, Vallianz +0.8, Foreland +1.4, NewSilkroutes +0.1, IHC unchanged, Polaris +0.1, Stratech +0.3, Jaya +0.2, Mercurius +0.3.

STI opened up and stayed positive for the whole session. It closed at day high. Blue chips were mostly up. The general market also sees more gainers than losers at ratio of 2:1.

European bourses opened firmly up. Dow's future is now -33.

Daily Summary 16 Jul 15

Europe and Dow were relatively flat last night. Dow closed -3 at 18050. Trend of Dow is still up. Dow's future is now +66. European bourses opened firmly up.

Asian bourses closed mostly up. Nikkei +137, ShanghaiC +18, Hangseng +107. STI closed +11 at 3350. Volume was 1.3b shares. Gainers were 243 to 164 losers.

Trend of STI is up.

Top volumes were CEFC +1.6, NewSilkroutes unchanged, IHC unchanged, Artivision +0.5, Noble -1, Ezra +0.1, HPHTrust -1.5, Jaya +0.2, Debao -0.1, ChinaNewTown +0.7.

STI opened up and stayed up the whole session but with small gains. Blue chips were generally firmer. The general market also saw more gainers than losers on a 2:1 ratio.

Europe and Dow are looking for a firm closing tonight.

Daily Summary 15 Jul 15

Europe and Dow were up last night. Dow closed +76 at 18054. Trend of Dow is up. Dow's future is now +14. European bourses opened marginally down.

Asian bourses were mixed. Nikkei +78, ShanghaiC -119, Hangseng -65. STI closed +25 at 3341. Volume was 1.4b shares. Gainers were 233 to 227 losers.

Trend of STI is also starting to move up.

Top volumes were CEFC +2.2, OLS unchanged, Debao -0.2, NewSilkroutes unchanged, Equation +0.1, IHC unchanged, Noble -0.5, OttoMarine +0.1, Stratech unchanged.

STI opened up and moved up further through the session to close at day high. Blue chips have more gainers than losers. The general market was mixed.

European bourses have started to turn positive. Dow's future is slightly up.

Daily Summary 14 Jul 15

Europe and Dow were up last night. Dow closed +217 at 17978. Trend of Dow is turning up. Dow's future is now -19. European bourses opened slightly down.

Asian bourses closed mixed. Nikkei +296, ShanghaiC -44, Hangseng -103. STI closed +6 at 3317. Volume was 1.4b shares. Gainers were 225 to 222 losers.

Trend of STI is about to turn up.

Top volumes were NewSilkroutes unchanged, Debao +0.6, Ezra +0.1, IHC unchanged, CEFC +0.3, LifeBrandz +0.1, GoldenAgri unchanged, GlobalLogistic +1, PacificAndes +0.1, Noble +0.5.

STI opened positive and stayed positive throughout the session but trading in a small range. Blue chips saw more gainers than losers. The general market was mixed.

Europe and Dow's future at the moment are slightly down.

Daily summary 13 Jul 15

Europe and Dow were up on Friday. Dow closed +212 at 17760. Short term trend of Dow is turning up. Dow's future at the moment is +59. European bourses opened firmly up.

Asian bourses continued to make gains. Nikkei +310, ShanghaiC +93, Hangseng +323. STI closed +34 at 3314. Volume was 1.6b shares, Gainers were 261 to 183 losers.

Short term trend of STI is firming up.

Top volumes were Digiland unchanged, CEFC +2.6, IHC unchanged, Vallianz +0.4, MunSiong unchanged, Ezra +0.2, MDR +0.1, Stratech +0.2, ICP +0.2, Debao unchanged.

Market opened up and stayed up for the whole session. STI made further gains in late afternoon when Europe opened firm in line with Asian bourses. Blue chips were mostly in the green. The general market was firmer.

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

Daily Summary 10 Jul 15

Europe and Dow were up last night. Dow closed +33 at 17549. Trend of Dow is down. Dow's future is now +150. European bourses have opened up.

Asian bourses were mixed. Nikkei -67, ShanghaiC +170, hangseng +508. STI closed +2 at 3290. Volume was 1.4b shares. Gainers were 261 against 194 losers.

Trend of STI is still looking down.

Top volumes were SIIC +1, IHC unchanged, Noble -0.5, Ezra +0.1, Digiland +0.1, QTVascular +0.3, Debao unchanged, Vallianz +0.2, YZJ -0.5.

Market opened up and stayed up the whole session. It gained strength with the recovery in Shanghai and Hongkong. STI closed at day high. Blue chips were mostly in the green. The general market was also firmer with more gainers than losers.

Europe and Dow's future are positive at the moment and looked set to a firm closing tonight.

Daily Summary 9 Jul 15

European bourses suffered 3 digit losses last night. Dow was down in early training but recovered in the second half of the session to close +93 at 17777. Trend of Dow is still down but steady. Dow's future is now -202.

Asian bourses fell sharply today. Nikkei -639, ShanghaiC -220, Hangseng - 1459. STI closed -65 at 3277. Volume was 2b shares. Gainers were 103 to 446 losers.

STI is starting to point down.

Top volumes were LifeBrandz -0.1, QT Vascular -0.5, SIIC -0.8, GoldenAgri -1.5, WE -0.1, Noble -1.5, APAC unchanged, Yuuzoo -2.5, IHC unchanged.

STI opened down 10 pts, It then fell through the rest of the session affected by the weaknesses in regional bourses. It fell further in the afternoon to close near day low. Blue chips were mostly in the red. The general market saw losers to gainers in the ratio of 4:1.

Europe is strengthening and slightly positive at the moment. Dow's future is now -173, recovering slightly from earlier position.

Daily summary 8 Jun 15

European bourses suffered 3 digit losses last night. Dow was down in early training but recovered in the second half of the session to close +93 at 17777. Trend of Dow is still down but steady. Dow's future is now -202.

Asian bourses fell sharply today. Nikkei -639, ShanghaiC -220, Hangseng - 1459. STI closed -65 at 3277. Volume was 2b shares. Gainers were 103 to 446 losers.

STI is starting to point down.

Top volumes were LifeBrandz -0.1, QT Vascular -0.5, SIIC -0.8, GoldenAgri -1.5, WE -0.1, Noble -1.5, APAC unchanged, Yuuzoo -2.5, IHC unchanged.

STI opened down 10 pts, It then fell through the rest of the session affected by the weaknesses in regional bourses. It fell further in the afternoon to close near day low. Blue chips were mostly in the red. The general market saw losers to gainers in the ratio of 4:1.

Europe is strengthening and slightly positive at the moment. Dow's future is now -173, recovering slightly from earlier position.

Daily Summary 7 Jul 15

Europe and Dow were down last night. Dow closed -47 at 17684. Trend of Dow is still on the down side. Dow's future is now +59. Europeans bourses opened slightly down.

Asian bourses were mixed. Nikkei +264, ShanghaiC -48, Hangseng -261. STI closed +5 at 3337. Volume was 1.7b shares. Gainers were 200 to 241 losers.

Trend of STI is relatively flat with a littlle biased upside.

Top volumes were SIIC -0.9, IHC +0.5, Noble -0.5, Ezra -0.3, MDR unchanged, Xpress +0.1, GlobalLogistic -1, Debao +0.3, NOL +3, Ezion -2.

STI opened up but slipped down to negative before closing +5, trading in a narrow band. Blue chips were mixed. The general market was slightly weaker.

European bourses are still negative at the moment. Dow's future is still up.

Daily Summary 6 Jul 15

Europe were slightly down on Friday. Dow was closed for Independence Day. European bourses opened sharply down following the big falls in Asian market.

Asian bourses fell sharply except for ShanghaiC that closed +89 after the Chinese govt's intervention to stabilise the market. Nikkei -428, Hangseng -828.

STI closed -9 at 3334. Volume was 1.5b shares. Gainers were 135 to 330 losers.

Trend of STI slips down again.

Top volumes were Ezra +1.2, IHC -0.5, SIIC -2, Noble -3.5, Debao -0.3, Albedo +0.1, LH unchanged, Genting -0.5, BengKuang unchanged.

Market opened down and stayed down for the whole session. It closed off its low with some covering in late afternoon. Blue chips were weaker.gainer to loser ration was 1:3. The market is holding much better than regional bourses that took a beating.

Europe and Dow's future are down at the moment.

Daily Summary 3 Jul 15

European bourses closed mixed last night. Dow was -28 at 17730. Short term trend of Dow is down but trying to turn back up. Dow's future at the moment is -15. European bourses opened slightly down.

Asian bourses were mostly down today. Nikkei +17, ShanghaiC -228, Hangseng -218. STI closed +11 at 3339. Volume was 1.6b shares. Gainers were 170 to 261 losers.

Short term trend of STI is still creeping up.

Top volumes were Federal +0.2, Ezra -0.9, IHC unchanged, BengKuang +0.1, KLW -0.1, Sincap unchanged, NOL +1, LifeBrandz unchanged, Debao -0.4.

Market opened up and stayed positive for the whole session. Blue chips were firmer with banks making good recovery. The general market was weaker with more losers than gainers.

Europe and Dow's future are at the moment slightly down.

Daily Summary 2 Jul 15

Europe and Dow were up last night. Dow closed +138 at 17758. Dow's trend has stopped falling after last night's gain. Dow's future is now +15. European bourses opened flat.

Asian bourses were mostly up but ShanghaiC -141. Nikkei +193 and Hangseng +32. STI closed +1 at 3333. Volume was 1.1b shares. Gainers were 226 to 234 losers.

Short term trend of STI is up.

Top volumes were IHC unchanged, SinoConstruction +0.1, Debao -0.3, Ezra -0.3, LifeBrandz +0.2, NOL +2, Noble -1, Jaya -0.1, ThaiBev -1, Magnus -0.1.

STI gapped up on opening but kept falling to close at day low with +1.5 points. Blue chips were mixed. The general market was also mixed with almost equal gainers and losers.

Europe is not marginally down but Dow's future is slightly up.

Daily Summary 1 Jul 15

Europe were down last night but Dow managed to close +23 t 17620. Trend of Dow is down. Dow's future is now +89. European bourses opened up.

Asian bourses were mostly up but ShanghaiC -224. Nikkei +94. Hangseng closed. STI closed +7 at 3324. Volumes were 900m shares. Gainers were 205 to 223 losers.

Trend of STI is turning back up.

Top volumes were Stratech +0.2, IHC +0.5, Noble -0.5, Yuuzoo +1, OEL +0.1, SingTel +4, Asiatic unchanged, Magnus -0.2, Ramba -2.5, MDR unchanged.

STI opened flat and subsequently moved up to a high of 3342. It closed nearly flat. Volume was below 1b shares! Blue chips were firmer except for banks. The general market is mixed.

Europe and Dow are looking for a positive closing tonight.