Friday, August 26, 2016

Daily Summary 26 Aug 16

Europe and Dow were slightly down last night. Dow closed -33 at 18448. Trend of Dow is starting to slip down. Dow's future at this moment is -26. European bourses opened down.

Asian bourses closed mixed. Nikkei -195, ShanghaiC +2, Hangseng +95. STI closed -19 at 2858. Volume was 900m shares. Gainers were 144 to 230 losers.

Trend of STI is struggling to move up.

Top volumes were Noble -0.2, Magnus unchanged, GlobalLogistic -5, ComfortDelGro +4, KLW +0.1, CNMC -1, SingTel -6, Ezion +0.5, SingMedical +0.5, INC -0.2.

STI opened flat and slipped to negative by mid morning and slipped further after lunch to close near day low for the weekend. Blue chips were mostly in the red. The general market was weaker. Volume was a low of 880m shares.

European bourses and Dow's future at this moment were slightly down.


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