Monday, August 29, 2016

Daily Summary 29 Aug 16

European bourses closed slightly up on Friday but Dow closed -53 at 18395. Trend of Dow is starting to go down. Dow's future is now -14. European bourses opened down.

Asian bourses closed mixed. Nikkei +377, ShanghaiC flat, Hangseng -88. STI closed -25 at 2833. Volume was 970m shares. Gainers were 148 to 258 losers.

Trend of STI was poised to move up is slipping down.

Top volumes were Cedar unchanged, Noble -0.5, Annica unchanged, Genting -2, Magnus +0.1, GeoEnergy +1.4, ChinaNewTown +0.4, SingMedical +0.5, GoldenAgri unchanged, SingTel o-10, HPHTrust unchanged.

STI opened down and slipped down further through the day to close near day low. Blue chips were mostly in the red. The general market was also weaker. Another quiet day with volume less than 1b shares.

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


No comments:

Post a Comment