Tuesday, July 5, 2016

Daily Summary 5 Jul 16

European bourses were slightly down last night while New York was closed. European bourses have opened firmly down. Dow's future is now -96.

Asian bourses were mostly down. Nikkei -106, ShanghaiC +19, Hangseng -308. STI closed -10 at 2861. Volume was 2.3b shares. Gainers were 177 to 234 losers.

STI's trend is still up.

Top volumes were NobleR at 10.5c, Noble +1.7, Vallianz +0.2, KLW +0.1, CNMC +3.5, LionGold unchanged, HPHTrust unchanged, Jadason +0.4, Genting unchanged, Ezion +3.

STI opened flat but dipped to slightly negative and stayed negative for the rest of the session. It fell a bit more in the afternoon when Europe opened down. Blue chips were steady in the morning but started to fall in late afternoon to close more reds than greens. The general market closed weaker for the holiday tomorrow.

Europe and Dow's future are down at the moment and look like there will be some profit taking tonight.


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