Friday, June 17, 2016

Daily Summary 17 June 16

Europe were down last night but Dow closed +93 at 17733. Trend of Dow is still down but first day of gain could change the direction. Dow's future is now -12. European bourses opened firmly up.

Asian bourses closed mostly up. Nikkei +166, ShanghaiC +12, Hangseng +132. STI closed +12 at 2763. Volume was 1.3b shares. Gainers were 172 to 220 losers.

Trend of STI is down.

Top volumes were Sitra +0.1, Addvalue -0.1, Annica unchanged, LifeBrandz unchanged, Ezra +0.2, GoldenAgri -0.5, WE -0.1, Cedar unchanged, HPHTrust +1.5, Genting unchanged.

STI opened up but lost some of its gains after an hour. It still maintained positive and recovered slightly on shortcovering in the last hour to close + 12. Blue chips were mostly up but the general market was a bit weaker.

European bourses are still up at this moment while Dow's future is -10.


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