Wednesday, February 24, 2016

Daily Summary 24 Feb 16

Europe and Dow were down last night. Dow closed -189 at 16432. Uptrend of Dow is weakening a bit. Dow's future at the moment is -18. European bourses opend down.

Asian bourses were mostly down. Nikkei -136, ShanghaiC +26, Hangseng -222. STI closed -54 at 2618. Volume was 1.4b shares. Gainers were 141 to 278 losers.

Trend of STI is turning down.

Top volumes were OUEComReit +2.5, Noble -3.5, Spackman +1.4, Sincap +0.3, Genting unchanged, SingTel -8, AllianceMineral +0.8, QTVascular +0.5, GoldenAgri +1, HPHTrust -1.

STI opened down but felt further after an hour of trading. It continued to fall through the session to close near day low. Blue chips were mostly down with banks being sold down. The general market was down.

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


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