Monday, April 18, 2016

Daily Summary 18 Apr 16

Europe and Dow were slightly down on Friday. Dow closed -29 at 17897. Trend of Dow is still up. Dow's future is now -54. European bourses opened down.

Asian bourses were mostly down. Nikkei -572, ShanghaiC -44, Hangseng -155. STI closed -12 at 2912. Volume was 1.2b shares. Gainers were 179 to 275 losers.

Short term trend of STI is still up.

Top volumes were Ezra -0.2, CedarStrategic -0.1, Parkson +2.4, Noble +0.5, Spackman -0.5, GoldenAgr -0.5, RexIntl -0.5, Acromec IPO closing at 26c, ChinaEverbright +2.5, YingLi +0.4.

STI opened down and stayed down for the whole session. It closed at its best level for the day but still -12. Blue chips were slightly weaker. The general market was weaker as well.

Europe and Dow's future are negative at this moment.


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