Tuesday, August 16, 2016

Daily Summary 16 Aug 16

Europe closed mixed last night. Dow closed +60 at 18636. Dow's trend is pointing slightly upwards. Dow's future is now -40. European bourses opened down.

Asian bourses closed mostly down. Nikkei -273, ShanghaiC -15, Hangseng -22. STI closed -5 at 2862. Volume was 1.4b shares. Gainers were 189 to 219 losers.

Trend of STI is going sideways at this juncture.

Top volumes were Noble +0.4, Spackman +1.1, Ezra +0.1, Annica unchanged, GoldenAgri +1.5, CedarStrategic unchanged, SingMedical +1, Vallianz -0.1, ThaiBev unchanged, Equation unchanged, KepInfraTr -0.5.

STI opened slightly up then slipped to marginally down. It stayed slightly down for the rest of the session. Blue chips were slightly weaker. The general market is also weaker.

Europe and Dow's future at this moment are down.


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