Wednesday, March 2, 2016

Daily Summary 2 Mar 16

European bourses and Dow were strongly up last night. Dow +347 closing at 16865. Trend of Dow is looking up again. Dow's future is now +9. European bourses opened up.

Asian bourses were mostly up and some rallied. Nikkei +661, ShanghaiC +116, Hangseng +596. STI closed +46 at 2728. Volume was 2.2b shares. Gainers were 306 to 142 losers.

Trend of STI is turning up.

Top volumes wer Ezra +0.5, Rowsley +1.1, NamCheong +0.1, Loyz +0.5, Xinren unchanged, RexIntl -0.4, Vallianz -0.1, Noble +1, GlobalLogistic +0.9, Vard +1.7.

With the strong showing in US and Europe, STI opened up and continued to climb only to pull back a little in the last hour of trading. Banks recovered strongly. The general was much firmer.

Europe and Dow's future are up at this morning and Dow is looking like continuing its up trend tonight.


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