Tuesday, May 24, 2016

Daily Summary 24 May 16

Europe were down but Dow managed to lose 8 pts to close 17493 last night. Trend of Dow is still down but levelling. Dow's future is now -15. European bourses opened up.

Asian bourses were mostly down. Nikkei -156, ShanghaiC -22, Hangseng +21. STI closed -15 at 2752. Volume was 1.6b shares. Gainers were 128 to 258 losers.

Trend of STI is still showing a bit up but weakening.

Top volumes were Cedar -0.1, Ezra -0.4, MMPResources unchanged, QTVascular +1.2, Global Logistic -2.5, Noble -0.5, ThaiBev +3, AllianceMineral unchanged, Genting -1, WE unchanged.

Market opened down and slipped down further to stay down for the whole session. Blue chips were weaker. The general market was down with loser gainer ratio at 2:1.

European bourses are up at this moment while Dow's future is still a bit down.


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