Wednesday, August 12, 2015

Daily Summary 12 Aug 15

Europe and Dow were firmly down last night. Dow closed -212 at 17403. Trend of Dow was starting to look up the day before but weakening again. Dow's future is now -168. European bourses opened sharply down.

Asian bourses were mostly down. Nikkei -328, ShanghaiC -41, Hangseng -582. STI closed -93 at 3060. Volume was 1.9b shares. Gainers were 118 to 437 losers.

Trend of STI is down.

Top volumes were Noble -6.5, Stratech -0.9, Artivision +0.1, ChinaSports -0.3, GoldenAgri -1.5, SingTel -10, IHC +0.5, ChineseGlobal +0.3, GlobalLogistic -6, Ezra -0.5.

STI opened down and fell further as regional bourses were also down sharply. It closed at day low. Blue chips were mostly in the red with banks sold down sharply. The general market was down with gainer loser ratio 1:4.

Europe and Dow are looking set for further slides tonight.


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