Thursday, August 18, 2016

Daily Summary 18 Aug 16

Europe were slightly down last night. Dow closed +22 at 18574. Trend of Dow is sideways. Dow's future is +6 at this moment. Europe opened up.

Asian bourses closed mixed. Nikkei -260, ShanghaiC -5, Hangseng +223. STI closed -6 at 2837. Volume was 1b shares. Gainers were 173 to 251 losers.

Trend of STI is weakening.

Top volumes were Noble -0.4, KLW -0.1, GoldenAgri -1, AllianceMineral -0.4, Ezion -2, Ezra unchanged, SingTel -1, QTVascular -0.2, ComfortDelgro -6, Capitaland -4.

STI opened flat and slipped to negative immediately. It recovered to slightly positive and stay flat from mid morning to after lunch before turning negative again. It continued to weaken and closed near day low in very thin volume. Blue chips faired slightly better with more gainers than losers. The general market was weaker.

Europe and Dow's future are slightly up at this moment.


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