Monday, February 1, 2016

Daily Summary 1 Feb 16

Europe and Dow rallied on Friday. Dow closed +397. Trend of Dow is seeing a golden crossing.  Dow's future at the moment is -44. European bourses opened marginally down.

Asian bourses were mixed. Nikkei +347, ShanghaiC -48, Hangseng -88. STI closed -27 at 2602. Volume was 1.2b shares. Gainers were 180 to 224 losers.

Top volumes were Noble -0.5, Spackman +0.1, NextGenSat unchanged, GlobalLogistic -6.5, TigerAir unchanged, Ezra -0.1, SingTel -2, HPHTrust -0.5, GoldenAgri -0.5, Genting +1.

STI opened up but turned negative after two hours. It stayed negative for the rest of the session closing near day low. There were profit takings from bank counters and all turned red after a morning opening high. Blue chips ended mixed while the general market was weaker.

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


No comments:

Post a Comment