Thursday, May 26, 2016

Daily Summary 26 May 16

Europe and Dow continued their gains last night. Dow closed +145 at 17852. Dow is seeing the first sign of a trend reversal with a golden crossing. Dow's future at the moment is +16. Europe opened up.

Asian bourses were mostly up. Nikkei +15, ShanghaiC +7, Hangseng +29. STI +9 at 2776. Volume was 1.5b shares. Gainers were 208 to 206 losers.

Trend of STI is inching up.

Top volumes were Cedar unchanged, Magnus unchanged, Ezra +0.2, Spackman -0.2, Noble +0.5, Vallianz +0.1, OKHGlobal +0.1, RexIntl unchanged, SingTel +4, GlobalLogistic -1.

STI opened up and stayed up for the rest of the session. Blue chips were mostly gainers. The general market was mixed with gainers and losers about even.

Dow and European bourses are slightly up at this moment.


No comments:

Post a Comment