Monday, August 24, 2015

Daily Summary 24 Aug 15

Europe and Dow fell sharply on Friday. Dow closed -531 at 16460. Trend of Dow is down. Dow's future is now -374. European bourses opened sharply down again.

Asian bourses followed the falls in Europe and Dow and went on a free fall as well. Nikkei -895, ShanghaiC -297, Hangseng -1159. STI closed -116 at 2855. Volume was 1.9b shares. Gainers were 69 to 527 losers.

Trend of STI is down.

Top volumes were Stratech -0.9, Equation unchanged, GoldenAgri -2, IC unchanged, GlobalLogistic -9, NewSilkroutes -0.1, Genting -5, Noble -3.5, Ezra -0.4, Ezion +1.5.

STI opened flat and momentarily moved to positive before falling and kept falling through the days when regional bourses fell sharply. Blue chips were all in the red. The general market was also down with only 75 gainers against 524 losers.

volume however remained at about 2b shares.

Europe and Dow's future are sharply down at the moment and looks like all will closed down again tonight.


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