Thursday, October 27, 2016

Daily Summary 27 Oct 16

European bourses were down last night. Dow closed +30 at 18199. Trend of Dow is still sideways. Dow's future at this moment is +17. European bourses opened up but drifting down now.

Asian bourses closed mostly down. Nikkei --55, ShanghaiC -3, Hangseng -193. STI closed +1 at 2830. Volume was 1.7b shares. Gainers were 220 to 140 losers.

Short term trend of Dow is slightly up but weak.

Top volumes were Noble +0.4, Ezra +0.1, HLH +0.1, SunMoon +0.6, Eucon +0.4, GoldenAgri +1, Ezion +1, Spackman +0.8, AllianceMineral -0.3, WiltonResources +0.5

STI marginally up but slipped to negative in morning trading. It stayed flat through lunch and early afternoon, managing to creep to marginally positive in late afternoon. Blue chips were mostly green.

The general market was slightly firmer.

European bourses and Dow's future have slipped to negative at this moment in time.


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