Thursday, October 20, 2016

Daily Summary 20 Oct 16


Europe and Dow were up last night.  Dow closed +41 at 18203.  Short term trend of Dow is firming up.  Dow’s future at the moment is +25.  European bourses are marginally up at this moment.

Asian bourses closed mixed.  Nikkei +237, ShanghaiC flat, Hangseng +69.  STI closed -6 at 1839.  Volume was 1.8b shares. Gainers were 201 to 177 losers.

Short term trend of STI is slightly up.

Top volumes were Noble +0.3, Blumont +0.1, Jasper -0.2, Joyas +0.2,  HealthwayMed +0.1, GeoEnergy +0.3, InnoPac +0.1, Spackman +0.3, SuntecReit -1.5, LionGold unchanged.

STI opened slightly up but slid to negative by lunch time. It then stayed slightly negative for the rest of the session to close near day low.  Blue chips were slightly firmer.  The general market was also firmer.

European bourses and Dow’s future at the moment are slightly up.

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