Monday, October 24, 2016

Daily Summary 24 Oct 16

European bourses were mixed and rather flat on Friday. Dow closed -17 at 18146. Short term trend of Dow is sideways. European bourses opened up.

Asian bourses closed mostly up. Nikkei +50, ShanghaiC +37, Hangseng +230. STI closed+27 at 2857. Volume was 2.6b shares. Gainers were 232 to 180 losers.

Short term trend of STI is turning up.

Top volumes were LionGold unchanged, Equation +0.3, Jasper -0.3, ChinaMed unchanged, Blumont unchanged, Noble unchanged, QTVascular +0.7, Annica unchanged, MoyaAsia +0.8.

STI opened up and stayed up for the whole session. It gained strength 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 still up at this moment.

Cheers.

PS. Unable to post in the last two session due to system down.


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