Tuesday, March 8, 2016

Daily Summary 8 Mar 16

European bourses were down last night but Dow still made a gain of 67 pts to close at 17074. Ttend of dow is up. Dow's future is now -107. European bourses opend sharply down.

Asian bourses were mostly down. Nikkei -128, ShanghaiC +3, Hangseng -148. STI closed -47 at 2776. Volume was 2.8b shares. Gainers were 12 to 329 losers.

Trend of STI is starting to turn down.

Top volumes were Ezra -0.3, Noble unchanged, Magnus unchanged, NamCheong -0.5, LionGold unchanged, RexIntl -0.4, Ezion -2.5, Vallianz -0.5, Spackman -0.8. InterraResource +1.5.

STI opened flat, moved to positive slightly for half an hour and started to fall. It closed at day low, -47 pts. This is like the first day of correction. Blue chips were more in the red. The general market was down.

Europe and Dow's future are down at the moment and looking for a correction at Dow tonight.


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