Friday, September 2, 2016

Daily Summary 2 Sep 16

Europe closed mixed last night while Dow closed +18 at 18419. Trend of Dow is sliding down. Dow's future is now +8. European opened mixed.

Asian bourses closed flat and mixed. Nikkei -1, ShanghaiC +4, Hangseng +104. STI closed -17 at 2800. Volume was 1.7b shares. Gainers were 168 to 213 losers.

Trend of STI is still looking weak.

Top volumes were QUEHTrust -1, Annica unchanged, APAC unchanged, Noble -0.2, SingTel -9, LionGold -0.1, Ezion +2.5, Equation unchanged, InnoPac unchanged, YZJ -3.

STI opened down but climbed back to stay slighlty positive for a brief moment before sliding to negative. It stayed down for the rest of the session and closed near day low. Blue chips were mixed bu thte general market was weaker.

European markets at the moment have steady and slightly positive. Dow's future is also marginally up.


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