Thursday, October 6, 2016

Daily Summary 6 Oct 16

Europe were down but Dow closed +113 last night. Dow's trend is sideways at the moment. Dow's future is now +15. European bourses opened flat.

Asian bourses were mostly up. Nikkei +80, ShanghaiC closed, Hangseng +164. STI closed +5 at 2887. Volume was 2.2b shares. Gainers were 251 to 175 losers.

Trend of STI is turning up a bit.

Top volumes were Noble +1.3, Ezra +0.2, Ezion +3, Charisma +0.1, Addvalue -0.1, HealthwayMed +0.2, RexIntl +0.1, AusGroup +0.2, MMPResources -0.2, SingMedical +4.

STI gapped up on opening but weakened slightly through the day. It maintained positive for the whole session but closing at day low at +5 points. Closed chips closed firmer. The general market was also firmer.

European bourses and Dow's future are marginally up at this moment.


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