Monday, April 25, 2016

Daily Summary 25 Apr 16

Europe closed slightly down but Dow was +21 at 18004. The short term up trend of Dow is weakening. Dow's future at the moment is -87. European bourses opened down.

Asian bourses were mostly down. Nikkei -133, ShanghaiC -12, Hangseng -182. STI closed -49 at 2891. Volume was 1.1b shares. Gainers were 149 to 325 losers.

Short term trend of STI is going down.

Top volumes were QTVascular +0.2, OKH -0.5, Noble -1, GoldenAgri -1.5, LionGold -0.1, ImperiumCrown +1.1, Yuuzoo -0.5, Genting -3, SingTel -8, Ezra -0.2.

STI opened slightly down but slipped down further after half an hour. It fell further in late afternoon when Europe opened down to close near day low losing nearly 50 pts. Blue chips were mostly down. The general market was down.

Europe and Dow's future are down at the moment. Dow is likely to close weak tonight.


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