Wednesday, October 26, 2016

Daily Summary 26 Oct 16

Europe closed mixed and flat last night. Dow was -54 closing at 18169. Trend of Dow is still sideways. Dow's future at this moment is +15. European bourses opened up.

Asian bourses were mostly down. Nikkei +27, ShanghaiC -14, Hangseng -240. STI closed -27 at 2827. Volume was 1.7b shares. Gainers were 162 to 259 losers.

Short term trend of STI is sliding back down.

Top volumes were Noble -0.7, Equation -0.2, Ezra -0.1, Annica unchanged, ChinaNewtown unchanged, SweeHong unchanged, APACStrategic unchanged, SunMoon -0.8, GSH +0.1, Spackman -0.7.

STI opened slightly down and fell further to stay red for the whole session. It closed at day low. Blue chips were mostly down. The general market was down.

Europe is still down at this moment while Dow's future is slightly up.


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