Friday, November 11, 2016

Daily Summary 11 Nov 16

Europe were down last night but Dow closed +218. Short term trend of Dow is turning up. Dow's future at this moment is +2. European bourses opened mixed.

Asian bourses closed mixed. Nikkei +30, ShanghaiC +25, Hangseng -308. STI closed -16 at 2818. Volume was 2.2b shares. Gainers were 143 to 300 losers.

Short term trend of STI is still looking up.

Top volumes were Noble -1, Yuuzoo +0.5, GeoEnergy unchanged, Vard -5, SingTel -7, GoldenAgri unchanged, HPHTrust -1.5, ThaiBev -1, OLS unchanged.

STI opened down and stayed down for the whole session. It attempted to move up in early morning but not enough to turn positive. Blue chips were mostly down but DBS continued to surge up, gaining another 44c. The general market was down.

European bourses and Dow's future at this moment are rather flat.


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