Wednesday, January 6, 2016

Daily Summary 6 Dec 16


Europe and Dow were down slightly last night. Dow +10 at 17159. Trend of Dow is down. Dow's future is now -105. Europe opened down.

Asian bourses were mostly down. Shanghai recovered and closed +75. Nikkei -30 Hangseng -208. STI closed -32 at 2803. Volume was 1.3b shares. Gainers were 143 and losers 268.

Trend of STI is down.

Top volumes were Forise unchanged, Xpress unchanged, Luzhou -0.3, ChinaSports +0.2, Noble -1.5, Spackman +0.8, SingPost -10, GlobalLogistic -3, SingTel -5.

STI opened flat and turned slightly positive for an hour before falling to negative and stayed negative for the rest of the session. It closed at day low. Blue chips were mostly in the red. The general market was down with loser gainer ratio 2:1.

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

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