Tuesday, September 27, 2016

Daily Summary 27 Sep 16

Europe and Dow were sharply down last night. Dow closed -169 at 18095. The break up of Dow's chart is falling back down. Dow's future is now +68. Europe opened slighlly up.

Asian bourses were mostly up. Nikkei +139, ShanghaiC +17, Hangseng +254. STI closed +9 at 2859. Volume was 1.7b shares. Gainers were 234 to 157 losers.

Trend of STI is pointing slightly up.

Top volumes were Ezra +0.3, Noble +0.3, Magnus unchanged, RexIntl +0.5, GCCP -0.1, Addvalue -0.2, AusGroup +0.3,Yuuzoo +0.3, SingTel +3, IEV +0.4.

STI opened down 20 points but recovered quickly and by mid morning was on positive territory. It continued its climb through the day to close near day high. Blue chips were firmer and so was the general market.

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


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