Tuesday, August 4, 2015

Daily Summary 4 Aug 15

Europe closed mixed last night while Dow ended -92 at 17598. Short term trend of Dow is turning down. Dow's future is now +8. European bourses opened flat and mixed.

Asian bourses were mixed but Shanghai staged a strong recovery +134. Nikkei -28, Hangseng -5. STI -5 at 3188. Volume was 2.1b shares. Gainers were 238 to 226 losers.

Trend of STI is still down.

Top volumes were Noble +12.5, Stratech +0.9, ChineseGlobal +1.2, Debao +1.8, Qingmei +0.8, GlobalLogistic +15, GoldenAgri +1, Ezra +0.6, IHC unchanged, Foreland +0.9.

STI opened flat but fell immediately to negative and stayed negative most of the session. It closed off its low of 3175 a t3188. Blue chips were mixed and so was the general market.

European bourses have turned down slightly at this moment.


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