Monday, September 5, 2016

Daily Summary 5 Sep 16

Europe and Dow were firmly up on Friday. Dow closed +73 at 18492. Dow's trend is still flat but with a first gain after moving sideways for the last couple of weeks. Dow's future at the moment is +25. European bourses opened up slightly.

Asian bourses were mostly up. Nikkei +112, ShanghaiC +5, Hangseng +383. STI closed +46 at 2850. Volume was 1.3b shares. Gainers were 292 to 142 losers.

Trend of STI is showing a first break up.

Top volumes were Noble +0.3, Cedar +0.1, Ezra +0.3, Ezion +1.5, LionGold unchanged, SingTel +8, JasperInv unchanged, APAC unchanged, Genting +1.5, Ausgp +0.2.

STI opened up and stayed up for the whole session. It gained more ground in late afternoon to close at day high. Blue chips were mostly up. The general market was also up.

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


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