Thursday, August 27, 2015

Daily Summary 27 Aug 15

Europe and Dow recovered strongly last night. Dow closed with +619 at 16286. Trend of Dow is seeing the first day of recovery. Dow's future is now +185. Europe opened firmly up.

Asian bourses recovered strongly after a mixed start. Nikkei +198, ShanghaiC +158, Hangseng +758. STI closed+74 at 2947. Volume was 2.1b shares. Gainers were 457 to 80 losers.

Trend of STI is starting to turn up.

Top volumes were Noble +6.5, Stratech +0.4, SilverlakeAxis +9.5, Vallianz +0.3, IHC unchanged, Debao +0.8, NewSilkroutes unchanged, SingTel unchanged, PacificAndes +0.1, Ezion +5.

STI opened up and continued to gain strength through the session. It moved higher again in mid afternoon when Europe opened up to close near day high. Blue chips were all up. The general market was up with gainer loser ratio at 5:1. Looks like the sell down is over.

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


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