Tuesday, October 11, 2016

Daily Summary 11 Oct 16

Europe and Dow were up last night. Dow closed +89 at 18330. Trend of Dow is still sideways but with a first blip up. Dow's future at this moment is -39. European bourses opened marginally up.

Asian bourses were mixed. Nikkei +165, ShanghaiC +18, Hangseng -302. STI closed -16 at 2854. Volume was 2.9b shares. Gainers were 173 to 272 losers.

Trend of STI is slipping down.

Top volumes were Noble -1.3, Sunmoon +1, KrisEnergy +3.6, Ezion -1.5, Interra Resources +1.4, Ezra -0.1,, NamCheong +0.4, RexIntl +0.1, GeoEnergy -1.2, QTVascular -0.1.

STI opened slightly up but slipped to negative in less than half an hour. it continue to slip lower through the session to close at day low, -16 pts. Blue chips were mostly down. The general market was also weaker.

Europe at this moment is flat and mixed. Dow's future is still negative.


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