Thursday, August 25, 2016

Daily Summary 25 Aug 16

Europe closed mixed while Dow was down last night. Trend of Dow is slipping down. Dow's future is now -39. European bourses are firmly down at this moment.

Asina bourses closed mixed. Nikkei -41, ShanghaiC -18, Hangseng +6. STI closed +5 at 2875. Volume was 1.2b shares. Gainers were 175 to 225 losers.

Trend of STI is showing signs to reversing up.

Top volumes were Noble -0.1, Spackman -0.5, CNMC -1, WE unchanged, LionGold unchanged, GoldenAgri -1, IHC -0.2, Addvalue -0.1, ThaiBev +1, YZJ -1.

STI opened flat and stayed marginally up for the rest of the session. It closed near day high gaining 8 pts. Blue chips were mixed. The general market was weaker with more losers than gainers.

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


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